5/490-492 Nepean Highway, Chelsea, VIC 3196 | Property Value & History | OnTheHouse
OFF MARKET

5/490-492 Nepean Highway
Chelsea VIC 3196

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 74m2
Land area: 609m2
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Property Details for 5/490-492 Nepean Hwy, Chelsea

5/490-492 Nepean Hwy, Chelsea is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 609m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
Unit
Year Built
2006
Floor Size
74m2
Land Size
609m2
Local Government
Kingston
Lot/Plan
5/PS536220

Last Listing description (September 2025)

This light-filled, 2 bedroom apartment gives an impression of openness. Perfectly finished, right from the paintings in the foyer, through to the rooftop garden. Both bedrooms overlook the courtyard. The stunning kitchen and living area opening out to the balcony. On the second level, the rooftop garden has an outstanding outdoor entertaining. Relax and read or watch the ships go by. There is ample storage and uniquely, this apartment comes with 2 secure car spaces in the basement. Minutes from all 'Longbeach' has to offer, beach, rail, golf and Country Clubs. Private and Public schools all close by.

Please note: To apply for this property, you must register for and attend an open for inspection to receive the code to submit your application. If you are unable to attend yourself, you may have someone attend on your behalf, or please contact the office to further discuss potential arrangements. PHOTO AND VIDEO IS STRICTLY NOT ALLOWED AS THESE ARE PRIVATELY OWNED PROPERTIES

Property History for 5/490-492 Nepean Hwy, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$415,000
04 Sep 2012
Listed for Rent
$550/w
21 Jun 2024
  • 03 May 2024
    Listed for Rent $550 / week
  • 16 Oct 2020
    Listed for Rent $500 / week
  • 07 Aug 2018
    Listed for Rent $440 / 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 5,087 properties. Over the last 5 years, Houses in Chelsea have seen a -7.02% decrease in median value, while Units have seen a 3.69% increase. As at 31 August 2026:

  • The median value for Houses in Chelsea is $1,126,622 while the median value for Units is $731,359.
  • Houses have a median rent of $715 while Units have a median rent of $580.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Chelsea on OnTheHouse. According to Cotality's data, 219 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.