480 Nepean Highway, Chelsea, VIC 3196 sold on 06 March 2026 | OnTheHouse
SOLD
Sold on 06 Mar 2026 for $950,000

480 Nepean Highway
Chelsea VIC 3196

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Save

Property Details for 480 Nepean Hwy, Chelsea

480 Nepean Hwy, Chelsea is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom Unit sold in Chelsea in the last 12 months.

Building Type
Unit
Year Built
2011
Local Government
Kingston
Lot/Plan
5/PS636590

Last Listing description (May 2026)

FOUR LEVELS OF LIVING CROWNED BY A ROOFTOP TERRACE

Perfectly placed to enjoy an enviable bayside lifestyle, this striking three-bedroom plus study, 2.5-bathroom townhouse delivers a seamless blend of style, space and low-maintenance ease, all just moments from the beach and vibrant local cafs.

Architecturally designed and set across four well-considered levels, the home is highlighted by a spectacular rooftop terrace where sweeping 360-degree views stretch from the bay to the city skylinean ideal setting for entertaining or unwinding at sunset.


The main living zone is warm and inviting, centred around a sleek stone kitchen with quality appliances and excellent storage. Flowing effortlessly into the dining area and out to a private alfresco courtyard, this level is perfectly suited to both everyday living and relaxed entertaining. A stylish powder room and European laundry with additional storage complete the space.

Upstairs, accommodation is thoughtfully zoned, including a study landing ideal for working from home. The main bedroom offers a walk-in robe and a contemporary ensuite, while two further bedrooms with built-in robes are serviced by a modern central bathroom. One bedroom also enjoys access to its own balcony.

Designed for comfort and quiet enjoyment, the home includes bamboo flooring, stone finishes, reverse-cycle heating and cooling, ceiling fans, and instant hot water. Secure basement parking for two cars with internal access. Storage room not included.

With the beach at the end of the street and cafs, shops, train stations and Chelsea Primary School all within easy reach, this is an exceptional opportunity to secure a quality home in a prized coastal pocket.

Property History for 480 Nepean Hwy, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$950,000
06 Mar 2026
  • 20 Apr 2026
    Listed for Rent $840 WEEKLY
  • 21 Apr 2021
    Sold for $865,000
  • 01 Mar 2021
    Listed for Sale $790,000 - $860,000
Commute Calculator

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 5,086 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 17 properties listed for sale, and 5 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

Market Insights
Chelsea Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Chelsea Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.