5-7 The Strand, Chelsea, VIC 3196 | Property Value & History | OnTheHouse
OFF MARKET

5-7 The Strand
Chelsea VIC 3196

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 195m2
Land area: 606m2
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Property Details for 5-7 The Strand, Chelsea

5-7 The Strand, Chelsea is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 606m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1930
Floor Size
195m2
Land Size
606m2
Local Government
Kingston
Lot/Plan
85/LP5780

Last Listing description (March 2023)

An exceptional bayside lifestyle is on offer with this 5 bedroom, 2 bathroom home channeling the cool vibes of art deco design. Positioned on 597m corner block, placed just metres from the beach, shops, cafes and local services, enjoy the ocean breeze and a vibrant, family friendly community. Simply move in and embrace the retro styling with a view to update down the track or knock down and build a contemporary beach escape.
Offering plenty of versatility is a spacious living room, a lounge that could also double as a dining room plus an extraordinarily unique kitchen. Occupying an area of almost commercial proportions, the huge kitchen boasts twice the bench, cupboard and working space, and oozes potential with a possible butler's pantry or wine bar set up! There are an impressive 5 bedrooms on offer including a large master, 2 shared bathrooms and a good sized laundry. Comfort all year round is accommodated by split system units in the living area and in 3 of the bedrooms.
With a flexible floor plan, a decent sized block and prime positioning, this property is a real estate dream. Located within a short stroll to Chelsea Beach, Woolworths, shops, cafes and eateries, Victory Park, Chelsea Station and Chelsea Primary.

Carports in build in the backyard!

Property History for 5-7 The Strand, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$1,450,000
09 May 2022
  • 24 Feb 2023
    Listed for Rent $675 / week
  • 27 May 2022
    Listed for Sale $1,358,000-$1,498,000 Under Offer
  • 09 May 2022
    Sold for $1,450,000
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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 5,085 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.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Chelsea on OnTheHouse. According to Cotality's data, 220 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.