2/4 The Strand Chelsea VIC 3196
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Property Details for 2/4 The Strand, Chelsea
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 2016 was 7773 people. By 2021 the population was 8347 showing a population growth of 7.4% 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 2021, 65.10% of the homes in Chelsea were owner-occupied compared with 63.20% in 2016.
Chelsea has 5,086 properties. Over the last 5 years, Houses in Chelsea have seen a 31.74% increase in median value, while Units have seen a 23.27% increase. As at 31 October 2025:
- The median value for Houses in Chelsea is $1,188,437 while the median value for Units is $732,780.
- Houses have a median rent of $675 while Units have a median rent of $550.
Suburb Insights for Chelsea 3196
Market Insights
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