SOLD
Sold on 31 Jul 2024 for $415,000

1/47 Catherine Avenue
Chelsea VIC 3196

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 159m2
Sold By
Buxton Chelsea Real Estate
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Property Details for 1/47 Catherine Ave, Chelsea

1/47 Catherine Ave, Chelsea is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 159m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Chelsea in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
159m2
Local Government
Kingston
Lot/Plan
1/PS418066

Last Listing description (August 2024)

Outstanding first-home buyer or investment opportunity set at the front of this trendy rendered boutique block of 5.

All the hard work has been done with this updated one bedroom unit offering modern comforts with open plan living, BIRs in bedroom, combination bathroom/ laundry, split system a/c & low maintenance rear yard.

Relax and entertain with an extra large private L-shape yard with merbau gates offering off street parking for 2 cars and an additional allocated park on driveway.

Enjoy the convenience of a short stroll to Chelsea station for easy commuting in to the CBD, and indulge in the coastal lifestyle with one of Melbourne's best beaches just minutes away.

With the bustling Chelsea shopping precinct nearby, every convenience is within reach.
Currently leased with a great tenant returning $1456 per month on a month to month basis. A fantastic lifestyle or investment opportunity awaits.

Property History for 1/47 Catherine Ave, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$415,000
31 Jul 2024
Listed for Rent
$320/w
28 Jan 2021
  • 31 Jul 2024
    Sold for $415,000
  • 16 May 2024
    Listed for Sale $395,000 - $430,000
  • 04 Jan 2021
    Listed for Rent $320 / week
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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 5,050 properties. Over the last 5 years, Houses in Chelsea have seen a 21.74% increase in median value, while Units have seen a 16.41% increase. As at 31 October 2024:

  • The median value for Houses in Chelsea is $1,077,329 while the median value for Units is $697,437.
  • Houses have a median rent of $620 while Units have a median rent of $535.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 210 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.