OFF MARKET

8/41 Sherwood Avenue
Chelsea VIC 3196

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 128m2
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Property Details for 8/41 Sherwood Ave, Chelsea

8/41 Sherwood Ave, Chelsea is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 128m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
128m2
Local Government
Kingston
Lot/Plan
8/SP20423

Last Listing description (June 2023)

Bright and brilliant with retro style, this easy-care home is an idyllic investment. Situated in a neighbourhood that is an easy stroll to the shops, cafes, recently updated station, parks and some of Melbourne's best beaches, this rare opportunity offers affordability while also providing financial security until December 2023.

Low maintenance and oozing with natural light, this unit comprises of a well sized living area that flows through to the kitchen, overlooking the very generous courtyard and offering plenty of space to relax, or entertain outdoors.

The main bedroom is a welcoming double feature equipped with fitted robes and plenty of storage. It is fitted with a laundry leading onto the garden and has the added comfort of heating/cooling split system with on-site car space, which adds to the laidback lifestyle suitable for small families, singles, couples or investors.

400m - Bicentennial Park
700m - Chelsea Train Station
800m - Chelsea Shopping Centre
1km - Chelsea Beach

**Currently tenanted until DECEMBER 2023 $360p/w**

Property History for 8/41 Sherwood Ave, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$458,000
10 May 2023
Listed for Rent
$360/w
20 Nov 2022
  • 10 May 2023
    Sold for $458,000
  • 31 Oct 2022
    Listed for Rent - Price not available
  • 08 Aug 2022
    Listed for Sale Contact agent
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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 5,002 properties. Over the last 5 years, Houses in Chelsea have seen a 31.26% increase in median value, while Units have seen a 22.44% increase. As at 31 August 2024:

  • The median value for Houses in Chelsea is $1,095,849 while the median value for Units is $701,401.
  • Houses have a median rent of $600 while Units have a median rent of $525.
There are currently 20 properties listed for sale, and 3 properties listed for rent in Chelsea on OnTheHouse. According to CoreLogic's data, 195 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.