Market snapshot
Suburb insights for Chelsea3196
Change suburbChelsea 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 8/5 Maury Rd, Chelsea | 2 |  | Apartment | Auction Sale | 20/07/2024 | Di Petta Group | View |
Sales data
Median sale price
$970k
Quarterly price change
-18.8%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Chelsea | Metro comparison |
|---|---|---|
| 2 | $717,750 | $902,500 |
| 3 | $949,000 | $810,000 |
| 4 | $1,497,500 | $955,000 |
| Insight | Chelsea | Metro comparison |
|---|---|---|
| Clearance rate | 70% | 73.8% |
| Days on market | 31.5 | 42 |
Rental data
Median weekly rent
$615
Rental yield
3.1%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Chelsea | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $615 | $540 |
| 4 | - | $580 |
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