123 Thames Promenade, Chelsea, VIC 3196 | Property Value & History | OnTheHouse
FOR SALE

123 Thames Promenade
Chelsea VIC 3196

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 534m2
This property is currently on the market
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Property Details for 123 Thames Prom, Chelsea

123 Thames Prom, Chelsea is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 534m2 and floor size of 106m2.This Property is currently listed for sale with Ray White Chelsea

Building Type
House
Year Built
1950
Floor Size
106m2
Land Size
534m2
Local Government
Kingston
Lot/Plan
27/LP74071

Last Listing description (May 2026)

Positioned directly opposite the wide-open spaces of Bicentennial Park on approximately 534sqm, this inviting single-level brick veneer home delivers the perfect blend of comfort, space and future potential in a highly sought-after family setting. Whether you're a growing family, first home buyer, investor or tradesperson needing extra room for tools, toys and hobbies, this is a property that offers immediate enjoyment with exciting long-term possibilities.Filled with natural light and designed for easy everyday living, the home features generous open plan living and dining, easy outdoor entertaining and an outstanding garage/workshop setup rarely found in this price range. All of this is perfectly positioned within easy reach of local schools, transport, shopping precincts and freeway access for effortless commuting. Three well-proportioned bedrooms serviced by a central family bathroom Light-filled open plan living and dining zone creating a warm family atmosphere Functional kitchen with breakfast bar, gas cooking and dishwasher Central gas ducted heating for year-round comfort Full internal laundry with convenient second toilet Covered rear decking overlooking the spacious backyard and lawn area Huge double garage with adjoining workshop plus separate music room, studio or playroom Ideal setup for tradespeople, car enthusiasts, hobbyists or those needing additional workspace and storage Excellent opportunity for families, first home buyers, downsizers or investors seeking future value Positioned directly opposite Bicentennial Park in a tightly held family-friendly pocket Close to local primary schools and zoned for Patterson River Secondary College Easy access to public transport and the Mornington Peninsula FreewayFor those dreaming of building their forever home, this is also an exceptional opportunity to secure a premium family-friendly location for a future knock-down rebuild (STCA). Surrounded by quality new homes and recently completed developments, the area continues to evolve into a highly desirable lifestyle destination, making this an exciting prospect to renovate, invest or create something truly special.Please note, photo identification will be required upon entry to the inspection.

Property History for 123 Thames Prom, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Transferred
08 Jun 2010
  • 04 May 2026
    Listed for Sale $945,000 - $995,000
  • 08 Jun 2010
    Transferred
  • 04 Dec 2007
    Sold for $402,000
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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 5,076 properties. Over the last 5 years, Houses in Chelsea have seen a 4.09% increase in median value, while Units have seen a 10.97% increase. As at 30 April 2026:

  • The median value for Houses in Chelsea is $1,166,179 while the median value for Units is $739,051.
  • Houses have a median rent of $720 while Units have a median rent of $570.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Chelsea on OnTheHouse. According to Cotality's data, 234 properties were sold in the past 12 months in Chelsea.

Suburb Insights for Chelsea 3196

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.