OFF MARKET

2/1 Eighth Avenue
Chelsea Heights VIC 3196

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
Land area: 151m2
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Last updated 16 Sep 2024
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Property Details for 2/1 Eighth Ave, Chelsea Heights

2/1 Eighth Ave, Chelsea Heights is a 2 bedroom, 1 bathroom House and was built in 2015. The property has a land size of 151m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
2015
Floor Size
82m2
Land Size
151m2
Local Government
Kingston
Lot/Plan
2/PS737285

Last Listing description (August 2020)

You will not find better buying than this absolute gem. Only 5 years old, the owners have meticulously cared for the home and enjoyed the low maintenance living a new home gives. There is no active Owners Corporation, just an insurance on the common ground, so outgoings are kept to a minimum. Perfect for first home buyers, investors - as there is great depreciation to claim and those looking to downsize, features include:

* 2 extra large bedrooms, the master with walk in robe, bedroom 2 includes a built in robe, both have carpet under foot
* Open plan lounge and dining room with lovely garden outlook. This space is very generous and it much larger than most units offered in this price range

* Modern and functional kitchen. Island bench with breakfast bar, 600ml gas cook top, electric oven and ample storage space
* Very large bathroom includes oversized shower, bath and extra storage space
* European laundry
* Single lock up garage with remote, (the owners park a car in front of the garage)
* Ducted heating through out and a large split system to the living space which cools the entire home in summer
* Fully landscaped rear yard. This includes a paved space which is perfect for outdoor entertaining
* Potential rental income of $420 per week

Inspection will certainly impress the fussiest of buyers. With only 3 on the block, this lovely unit is one you will want to make your own. Close to Chelsea Heights Primary School, Cornish College, public transport and shops, call today arrange your private inspection.

Property History for 2/1 Eighth Ave, Chelsea Heights, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$581,000
30 May 2020
  • 30 May 2020
    Sold for $581,000
  • 25 May 2020
    Listed for Sale $540,000 - $580,000
  • 18 Aug 2015
    Sold for $435,000
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About Chelsea Heights 3196

The size of Chelsea Heights is approximately 3.1 square kilometres. It has 8 parks covering nearly 21% of total area. The population of Chelsea Heights in 2011 was 5,185 people. By 2016 the population was 5,339 showing a population growth of 3.0% in the area during that time. The predominant age group in Chelsea Heights is 40-49 years. Households in Chelsea Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chelsea Heights work in a professional occupation. In 2011, 78.8% of the homes in Chelsea Heights were owner-occupied compared with 82.7% in 2016.

Chelsea Heights has 2,550 properties. Over the last 5 years, Houses in Chelsea Heights have seen a 30.06% increase in median value, while Units have seen a 15.40% increase. As at 31 August 2024:

  • The median value for Houses in Chelsea Heights is $977,026 while the median value for Units is $703,093.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Chelsea heights on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Chelsea heights.

Suburb Insights for Chelsea Heights 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.