Market snapshot

Suburb insights for Chelsea3196

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Chelsea is located 30 km south-east of the CBD. Located in Melbourne's outer south Chelsea is a small bayside suburb. The population is generally comprised of families but like a number of bayside areas has large numbers over the age of sixty. The area includes a significant retail and commercial area on the Nepean Hwy around Chelsea Railway Station. Chelsea also features the Chelsea Recreation Reserve and Bicentennial Park.

Recent sales and auction results in Chelsea

AddressBedroomsPriceTypeMethodSale DateAgentListing
3/31 Ella Gr, ChelseaPriceUnitAuction Sale17/12/2024Jellis Craig

Sales data

Median sale price
$1.2mil
Quarterly price change
18%
Metro Melbourne Comparison
$916k
0.1%
BedroomsChelseaMetro comparison
2$745,000$902,000
3$959,500$807,500
4$1,540,000$950,000
InsightChelseaMetro comparison
Clearance rate70.6%73.3%
Days on market37.542

Rental data

Median weekly rent
$660
Rental yield
3.4%
Metro Melbourne Comparison
$575
3.3%
BedroomsChelseaMetro comparison
2-$560
3$660$550
4-$595
Median data for the current quarter
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