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
8/5 Maury Rd, Chelsea2PriceApartmentAuction Sale20/07/2024Di Petta GroupView

Sales data

Median sale price
$970k
Quarterly price change
-18.8%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsChelseaMetro comparison
2$717,750$902,500
3$949,000$810,000
4$1,497,500$955,000
InsightChelseaMetro comparison
Clearance rate70%73.8%
Days on market31.542

Rental data

Median weekly rent
$615
Rental yield
3.1%
Metro Melbourne Comparison
$560
3.2%
BedroomsChelseaMetro comparison
2-$550
3$615$540
4-$580
Median data for the current quarter
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