SOLD
Sold on 23 Feb 2024 for $550,000

1/48 Sherwood Avenue
Chelsea VIC 3196

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 951m2
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Property Details for 1/48 Sherwood Ave, Chelsea

1/48 Sherwood Ave, Chelsea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 951m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Chelsea in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
76m2
Land Size
951m2
Local Government
Kingston
Lot/Plan
1/SP31833

Last Listing description (June 2021)

***UNDER APPLICATION***
Privacy & space surrounds you in the beautiful 2 bedroom unit. With updated kitchen, bathroom and flooring, this light filled property is a fantastic place to call home. Step out into the beautiful private courtyard with plenty of grass area for small pets. The kitchen has plenty of cupboard space and is complete with stainless steel appliances. Two bedrooms both with built in robes, central bathroom with shower over bath, sep vanity & toilet. Split system heating and cooling facilitate the home and undercover carport. Enjoy the sun in the paved courtyard with shed storage. Close to all amenities in Chelsea and recreation parks at the end of the street.

Property History for 1/48 Sherwood Ave, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$550,000
23 Feb 2024
Listed for Rent
$400/w
16 Jun 2021
  • 23 Feb 2024
    Sold for $550,000
  • 23 Feb 2021
    Listed for Rent $400 / week
  • 29 Aug 2018
    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 5,079 properties. Over the last 5 years, Houses in Chelsea have seen a 13.76% increase in median value, while Units have seen a 10.70% increase. As at 30 November 2024:

  • The median value for Houses in Chelsea is $1,048,625 while the median value for Units is $681,803.
  • Houses have a median rent of $610 while Units have a median rent of $540.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Chelsea.

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