1/490-492 Nepean HighwayChelsea VIC 3196
Property Details for 1/490-492 Nepean Hwy, Chelsea
1/490-492 Nepean Hwy, Chelsea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 609m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (December 2025)
Terms: 5 or 10% depositSettlement: 30/60/90 days preferenceBuilt: 2007 (approx.)Home size: 12sq approx.Rental appraisal: $550 - $580 P/W (approx.)School Zone: Chelsea Primary, St Josephs and Patterson River SecondaryKey Features include: Polished floorboards leading to a sun-filled open plan living/dining offering beautiful highlight windowsModern kitchen with stone benchtops and SS appliancesPrivate East facing balcony with views out to the Dandenong RangesTwo newly-carpeted bedrooms with BIR's, both connected by a peaceful outdoor alcove Split system heating and coolingSecure undercover parking and storage cageFamily sized bathroomBlockout blinds throughoutEuro-style laundryImagine living just steps away from the golden sands of Chelsea Beach, with the convenience of local cafes, a shopping centre, and the train station all within walking distance. This spacious apartment offers an unparalleled lifestyle, perfect for first home buyers, downsizers, or savvy investors.Don't miss out on this rare opportunity to secure this beachside home in this highly sought after community.
Property History for 1/490-492 Nepean Hwy, Chelsea, VIC 3196
- 28 Jul 2025Sold for $545,000
- 06 May 2025Listed for Sale $549,000 - $590,000
- 04 Dec 2017Sold for $520,000
Recent sales nearby
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About Chelsea 3196
The size of Chelsea is approximately 2.6 square kilometres. There are 6 parks, covering nearly 13.8% of the 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 5,083 properties. Over the last 5 years, Houses in Chelsea have seen a -4.04% decrease in median value, while Units have seen a 6.10% increase. As at 31 July 2026:
- The median value for Houses in Chelsea is $1,161,160 while the median value for Units is $734,277.
- Houses have a median rent of $715 while Units have a median rent of $575.
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