2/48 Embankment Grove, Chelsea, VIC 3196 | Property Value & History | OnTheHouse
OFF MARKET

2/48 Embankment Grove
Chelsea VIC 3196

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 109m2
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Property Details for 2/48 Embankment Gr, Chelsea

2/48 Embankment Gr, Chelsea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 109m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
1960
Floor Size
56m2
Land Size
109m2
Local Government
Kingston
Lot/Plan
2/PS412100

Last Listing description (March 2025)

Here is your chance to experience coastal living at this 2-bedroom residence that seamlessly blends style, size, and practicality. The perfect step for first home buyers, downsizers and investors. Enjoy open plan living, kitchen and meals whilst flowing effortlessly to a large grassed backyard. At the front of the home is a securely fenced front yard and patio area perfect for relaxed alfresco dining and entertaining. The main bedroom serves as a true retreat with courtyard views, creating a tranquil escape whilst the second bedroom is well sized with BIRs and a back yard outlook. The modern central bathroom offers shower, bath and toilet, while split-system heating and cooling guarantee comfort in every season. Off street parking is included and the unit's low-maintenance appeal caters to those who value ease without compromising on style. The sought after location ensures ease of living walking distance to the Famous Chelsea Beach. Stroll to Chelsea Shops, Train Station, Primary School and easy access to Bicentennial Park. Contact Ray White Chelsea Director Shane O'Sughrue on 0401 119 911 for more information.

Property History for 2/48 Embankment Gr, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$555,000
05 Feb 2025
Listed for Rent
$320/w
02 Mar 2017
  • 05 Feb 2025
    Sold for $555,000
  • 21 Jan 2025
    Listed for Sale $550,000 - $600,000
  • 28 Sep 2023
    Listed for Rent $450 / week
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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 5,081 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.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Chelsea on OnTheHouse. According to Cotality's data, 229 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.