1/81 Sherwood AvenueChelsea VIC 3196
Property Details for 1/81 Sherwood Ave, Chelsea
1/81 Sherwood Ave, Chelsea is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 387m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (October 2025)
Unlock the Potential - Renovate, Redesign, Reap the Rewards
Brimming with untapped potential and ready for transformation, this generously proportioned, single-level timber home is the perfect project for renovators, investors, and creative buyers. Privately positioned at the front of a dual-occupancy block with no Owners Corporation, it offers an increasingly rare opportunity to roll up your sleeves and add immediate and long-term value.
The flexible floor plan provides the ideal foundation to reimagine, modernise, or completely overhaul to suit your vision. Four well-sized bedrooms, two bathrooms, and multiple living zones create endless possibilities-whether you're a family seeking space, downsizers ready to personalise your next chapter, or a savvy buyer wanting to capitalise on this exciting opportunity.
The sunlit lounge with open fireplace, French doors to a north-facing sundeck, and a functional kitchen with walk-in pantry all present the perfect starting point for your creative touch. Move in now and update as you go, or dive straight into your dream renovation.
Set behind secure timber gates with a low-maintenance garden, the property also offers a lock-up garage, additional storage, and creature comforts like gas ducted heating and split system cooling.
Tucked away in a quiet cul-de-sac just moments from Bicentennial Park, Chelsea's sporting precinct, local schools, train station, beach, and shops - this is lifestyle convenience with outstanding renovation upside.
Key Features:
• Renovation-ready front home with no Owners Corporation
• Excellent scope to modernise and add significant value
• Four bedrooms with built-in robes
• Two bathrooms plus functional internal laundry
• Spacious lounge/meals area with charming open fireplace
• French doors open to a sunny north-facing sundeck
• Functional kitchen with walk-in pantry, ripe for redesign
• Additional rumpus/sunroom offering flexible living options
• Gas ducted heating and split system cooling
• Single lock-up garage plus separate storage shed
• Secure, low-maintenance gardens with timber gates
• Quiet cul-de-sac location, walking distance to parks, schools, station, beach & shops
Property History for 1/81 Sherwood Ave, Chelsea, VIC 3196
- 12 Jul 2025Sold for $860,000
- 15 Apr 2025Listed for Sale $800,000 - $850,000
- 05 Sep 2015Sold for $612,000
Recent sales nearby
See more recent sales nearby/assets/perm/oelfjkb2v4i63clm7em4at2of4?signature=ed471e197a1974db218e5405ebc81119d0a5cb479cceb783760cb860c6318815){kind=logo}
0
/assets/perm/oa5uqu56mai6nhud5ookvd2mie?signature=bc8b54b1edf3165d4fd82b89b96e78674e9478d207a56bc593b2c4af43610d91){kind=logo}
0/assets/perm/vy6sdwiekmi6vdt3agtjnhicym?signature=6ec868a501894ab4c7606edc65b71e7111bf0eaba9c35c914c7196d51589ee61){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 5,085 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.
Suburb Insights for Chelsea 3196
Market Insights
Chelsea Trends for Houses
N/A
N/A
View TrendN/A
N/A
Chelsea Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
