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 |
![Find a REIV member](https://a.storyblok.com/f/224482/2816x1156/32641b2839/friendly-member.jpg/m/1408x0)
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.