500 Nepean Highway, Chelsea, VIC 3196 | Property Value & History | OnTheHouse
OFF MARKET

500 Nepean Highway
Chelsea VIC 3196

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 302m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 31 Aug 2026
Low

High
Save

Property Details for 500 Nepean Hwy, Chelsea

500 Nepean Hwy, Chelsea is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 302m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2015
Land Size
302m2
Local Government
Kingston
Lot/Plan
1/PS730903

Last Listing description (November 2022)

** This property will be available for private one-on-one inspections only. It is a requirement for buyers to book an appointment before attending any inspection - please email the agent to arrange this **

Visionary contemporary architecture beautifully emphasises the use of light and style throughout this freeflowing home, positioned conveniently close to Chelsea's vibrant cafes and only 260m from the beach.

The synergy of natural light, serenity and privacy is outstanding. Perfect architectural planning impresses

with two living zones, the option of a large study or ground-floor fourth bedroom, and easy-care outdoor
spaces on two levels. Love how the ground floor meals and living zones open onto a large patio fringed
with low-maintenance coastal gardens, with spotted gum floorboards creating synergy between the two,
highlighted by a central floating staircase.

The feature-rich interior is outstanding. Waterfall stone benches, quality European appliances, glass
splashback and an induction cooktop, create a stylish statement in the kitchen, with sliding glass extending entertaining options to the outdoors. Walk-in wardrobes are included in two of the three bedrooms upstairs, including the master bedroom with a private ensuite, whilst the central lounge opens to the north-facing
balcony and up to the bay-facing rooftop terrace with spectacular views over the water toward the city
lights.

The premium fit-out is all about effortless living, with ducted heating, refrigerated cooling, ducted vacuum, alarm, powder room, laundry, double remote garage with internal access and off-street parking for additional vehicles. A standout choice in an ultra-convenient location, with every contemporary comfort you could need for a flawless, beachside lifestyle.

Property History for 500 Nepean Hwy, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$1,420,000
05 Mar 2022
Listed for Rent
$735/w
14 Dec 2016
  • 05 Mar 2022
    Sold for $1,420,000
  • 02 Aug 2021
    Listed for Sale Sale | $1,390,000 - $1,490,000
  • 02 Mar 2017
    Sold for $1,030,000
Sign in to see more transactions
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 5,085 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

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.