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Sold on 29 Jul 2024 - Price Unavailable

16 Newington Parade
Chelsea VIC 3196

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 705m2
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Property Details for 16 Newington Pde, Chelsea

16 Newington Pde, Chelsea is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 705m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Chelsea in the last 12 months.

Building Type
House
Land Size
705m2
Local Government
Kingston
Lot/Plan
21~D/LP5211

Last Listing description (July 2024)

_ Located just one house down from the prestigious Chelsea beach and situated on a spacious corner block, this prime beachside property boasts an original house mere steps from the beach. The allure of seaside living is complemented by the convenience of nearby shops, cafes, and the train station, all within a short walking distance. Families will appreciate the proximity to St. Joseph's and Chelsea Primary Schools, situated just across the road, offering the perfect blend of coastal tranquility and urban accessibility.

This property presents a rare opportunity for renovation or redevelopment. The generous 703sqm (approx.) level allotment offers an extreme rare opportunity to purchase providing ample space for creative possibilities, whether it be updating the existing structure, building multiple town residences (STCA), or creating a dream home among other well-established residences. The home features four spacious bedrooms plus study and a modern updated bathroom which ensures practicality in this beachside retreat.

Whether intended as a full-time residence or a holiday haven, this property holds high rental potential due to its unbeatable location. The prospect of waking up just 20 meters from Chelsea Beach is a dream that awaits realization. A mere 5-minute walk leads to Chelsea Station, emphasizing the property's connectivity. Woolworths Chelsea, Chelsea Primary School, and a variety of major banks and shops are all conveniently located within a short walking radius, making this home an embodiment of the quintessential beach lifestyle. Explore the untapped potential within during your inspection, as this residence promises a harmonious blend of coastal charm and modern convenience.

Property History for 16 Newington Pde, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
29 Jul 2024
  • 29 Jul 2024
    Sold
  • 15 Jul 2024
    Listed for Sale $1,900,000 - $2,090,000

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About Chelsea 3196

The size of Chelsea is approximately 2.6 square kilometres. It has 6 parks covering nearly 13.8% of total area. The population of Chelsea in 2011 was 7,222 people. By 2016 the population was 7,779 showing a population growth of 7.7% in the area during that time. The predominant age group in Chelsea is 30-39 years. Households in Chelsea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chelsea work in a professional occupation. In 2011, 62.1% of the homes in Chelsea were owner-occupied compared with 63.2% in 2016.

Chelsea has 4,998 properties. Over the last 5 years, Houses in Chelsea have seen a 34.80% increase in median value, while Units have seen a 22.83% increase. As at 31 July 2024:

  • The median value for Houses in Chelsea is $1,103,725 while the median value for Units is $691,182.
  • Houses have a median rent of $610 while Units have a median rent of $528.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Chelsea.

Suburb Insights for Chelsea 3196

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.