OFF MARKET

1/423 Nepean Highway
Chelsea VIC 3196

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 340m2
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Property Details for 1/423 Nepean Hwy, Chelsea

1/423 Nepean Hwy, Chelsea is a 3 bedroom, 2 bathroom Unit. The property has a land size of 340m2.

Building Type
Unit
Land Size
340m2
Local Government
Kingston

Last Listing description (June 2023)

Located on Nepean Hwy, with public transport and the beach at your fingertips

Features included in this recently renovated office space


3 separate offices
Air conditioning
Euro laundry
Full kitchen facilities
Staff & public amenities (2 separate bathrooms)
• Carparking at rear

This fantastic location is right in the heart of the Chelsea Shopping strip is just a short walk to public transport and the beach.

Please contact us to arrange a private inspection.

Property History for 1/423 Nepean Hwy, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Listed for Rent
$593/w
13 Jun 2023
  • 16 Feb 2023
    Listed for Rent $30,940 / week
  • 04 Oct 2022
    Listed for Rent - Price not available

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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 5,080 properties. Over the last 5 years, Houses in Chelsea have seen a 12.38% increase in median value, while Units have seen a 13.04% increase. As at 31 December 2024:

  • The median value for Houses in Chelsea is $1,051,953 while the median value for Units is $688,849.
  • Houses have a median rent of $600 while Units have a median rent of $545.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Chelsea.

Suburb Insights for Chelsea 3196

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Disclaimer
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.