OFF MARKET

228 Wells Road
Chelsea Heights VIC 3196

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 530m2
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Last updated 16 Sep 2024
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Property Details for 228 Wells Rd, Chelsea Heights

228 Wells Rd, Chelsea Heights is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 530m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Floor Size
92m2
Land Size
530m2
Local Government
Kingston
Lot/Plan
26/LP61499

Last Listing description (June 2017)

Here is an opportunity to secure a corner site situated in the highly sort after suburb of Chelsea Heights.
This home presents a rare opportunity to secure an uncut diamond with unlimited potential to renovate or develop (STCA). Don't pay for someone else's renovations, put your own signature to this blank canvas.
Comprising 3 bedrooms, separate bathroom, shower, toilet and laundry. With gas heating, remote double garage and hardwood floors running throughout - hidden under the original 70's carpet. There is additional off street parking at the front of the double garage which allows for further off street parking.

Located adjacent to the local shopping strips and public transport, just a short distance to Edithvale wetlands, Bicentennial Park, walking/bike trails, local sporting facilities and amenities and with easy access to East link and Peninsula Link.

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Property History for 228 Wells Rd, Chelsea Heights, VIC 3196

A timeline of how this property has performed in the market
Last Sold
04 Jun 2017
  • 27 May 2017
    Sold for $635,000
  • 03 May 2017
    Listed for Sale Auction Saturday 27th May at 11am

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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.

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