SOLD
Sold on 20 Feb 2024 for $610,000

5/8 Embankment Grove
Chelsea VIC 3196

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 178m2
Sold By
Buxton Chelsea
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Property Details for 5/8 Embankment Gr, Chelsea

5/8 Embankment Gr, Chelsea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 178m2 and floor size of 61m2. 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
1964
Floor Size
61m2
Land Size
178m2
Local Government
Kingston
Lot/Plan
5/PS733441

Last Listing description (March 2024)

Privately positioned at the rear of a boutique block, set behind high fences with established gardens, this delightful single level unit offers an abundance of space in a true lifestyle location. Whether you're looking for your first home, downsizing opportunity or astute investment this home will appeal to all.
This contemporary residence seamlessly blends modern comfort with practical design and a functional floorplan. The home is abundant with natural light and comprises of two large bedrooms both with fitted robes, a luxury bathroom showcasing floor to ceiling tiling, frameless oversized glass shower and updated vanity. The well-placed kitchen has plenty of bench space, updated cabinetry, gas stainless-steel integrated appliances and on trend subway tiling splashback which leads to your private garden oasis.
The outdoor entertaining area is where you'll truly be impressed with expansive lawns and sensational alfresco space perfect for hosting friends and family, kids to play or pets to roam with minimal upkeep. Additional features include polished floorboards, laundry, plenty of storage, split system heating cooling, garden sheds and off-street undercover parking. Positioned in a sought-after locale, this residence offers close proximity to Chelsea's vibrant shopping precinct, renowned restaurants and stunning foreshore. Don't miss this opportunity to be walking distance to schools, parks, public transport and experience the best of Chelsea's beachside living. For more information or to book a private inspection, please contact James French on 0434 955 657.

Property History for 5/8 Embankment Gr, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$610,000
20 Feb 2024
Listed for Rent
$430/w
30 Jun 2022
  • 20 Feb 2024
    Sold for $610,000
  • 01 Feb 2024
    Listed for Sale PRIVATE SALE $580,000 - $630,000
  • 02 Jun 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 4,980 properties. Over the last 5 years, Houses in Chelsea have seen a 25.59% increase in median value, while Units have seen a 20.17% increase. As at 30 September 2024:

  • The median value for Houses in Chelsea is $1,073,563 while the median value for Units is $705,098.
  • Houses have a median rent of $620 while Units have a median rent of $530.
There are currently 25 properties listed for sale, and 3 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 199 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.