5/48 Embankment GroveChelsea VIC 3196
Property Details for 5/48 Embankment Gr, Chelsea
5/48 Embankment Gr, Chelsea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 116m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in August 2025.
Last Listing description (February 2026)
Tucked away at the rear of a quiet, well-maintained group, 5/48 Embankment Grove, Chelsea offers the perfect blend of modern design, low maintenance living and coastal lifestyle. Fully renovated and flooded with natural light, this immaculate two bedroom home is the ideal choice for first home buyers, downsizers or savvy investors looking to secure a premium address in bayside Melbourne.Step inside to discover a warm and inviting interior with high ceilings and stunning hardwood floors that flow throughout. The open plan kitchen, meals and living zone is the heart of the home, beautifully finished with a stone benchtop, subway tiled splashback, breakfast bar, gas cooktop, electric oven and generous pantry storage. A ceiling fan and split system ensure year round comfort, while large bifold doors extend the living area seamlessly onto a spacious front decking, creating a superb indoor outdoor connection. Out the back, a second alfresco space offers a large undercover deck, perfect for entertaining or relaxing in peace, alongside a handy storage shed and paved patio area.Both bedrooms include built-in robes and share a luxurious central bathroom featuring floor to ceiling tiles, a walk-in shower with niche, elegant brushed chrome tapware, and a stylish timber benchtop with single bowl sink. The home is completed by a single car space on title and low maintenance surrounds, making life here effortlessly easy.This address delivers unbeatable convenience with every lifestyle amenity at your doorstep. Stroll to Chelsea Bicentennial Park, Chelsea Recreation Reserve, Chelsea Foreshore and Chelsea Village with its cafes, shops and local services. Leave the car at home and walk to Chelsea Station or nearby bus stops. Families will love being close to Chelsea Primary School, Bonbeach Primary School, St Joseph's College and Patterson River Secondary College. On weekends, enjoy the outdoors at Edithvale Seaford Wetlands, Patterson River Country Club or Edithvale Public Golf Courses.Perfectly positioned and beautifully presented, this Chelsea gem is ready to move in and enjoy. All the work has been done, simply unpack and start living the vibrant beachside lifestyle. For further information contact Ray White Chelsea Director Shane O'Sughrue on 0401 119 911.
Property History for 5/48 Embankment Gr, Chelsea, VIC 3196
- 09 Aug 2025Sold for $685,000
- 14 Jul 2025Listed for Sale $630,000 - $670,000
- 08 Mar 2022Sold for $1
Recent sales nearby
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0About 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 5,082 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.
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