22 Sherwood Avenue, Chelsea, VIC 3196 sold on 22 June 2026 | OnTheHouse
SOLD
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Sold on 22 Jun 2026 for $1,660,000

22 Sherwood Avenue
Chelsea VIC 3196

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 137m2
Land area: 984m2
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Property Details for 22 Sherwood Ave, Chelsea

22 Sherwood Ave, Chelsea is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 984m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Chelsea in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
137m2
Land Size
984m2
Local Government
Kingston
Lot/Plan
173/LP5447

Last Listing description (July 2026)

Set on a substantial 984m? (approx.) allotment with a wide 20.5-metre frontage, this Chelsea property presents a rare opportunity in a well-established bayside neighbourhood. With fully endorsed plans and permits approved and ready to build for five townhouses, it offers a clear and straightforward development pathway in a location where opportunities of this scale are increasingly hard to find.

The approved plans allow for five double-storey townhouses, each comprising three bedrooms and two bathrooms, with well-proportioned interiors, individual garages and private open space. The layout has been thoughtfully arranged to suit modern living, with a mix of internal space and outdoor areas that work comfortably for everyday use.

A three-bedroom home currently occupies the site and is leased to a tenant, providing holding income while future plans are considered.

Conveniently located close to Chelsea Beach, the shopping village, cafes, schools and Chelsea Train Station, the address combines lifestyle appeal with long-term value. With generous land dimensions, a wide frontage and a ready-to-go permit already in place, this is a standout opportunity in one of Chelseas most tightly held pockets.

For more information, please contact Chris Kavanagh on 0432 824 448 from Barry Plant today. ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

Property History for 22 Sherwood Ave, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$1,660,000
22 Jun 2026
Listed for Rent
$445/w
28 Mar 2023
  • 22 Jun 2026
    Sold for $1,660,000
  • 02 Feb 2026
    Listed for Sale $1,650,000- $1,750,000
  • 19 Jan 2023
    Listed for Rent - Price not available
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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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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.