51 Embankment Grove, Chelsea, VIC 3196 | Property Value & History | OnTheHouse
OFF MARKET

51 Embankment Grove
Chelsea VIC 3196

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 820m2
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Property Details for 51 Embankment Gr, Chelsea

51 Embankment Gr, Chelsea is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 820m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Land Size
820m2
Local Government
Kingston
Lot/Plan
2/LP40049

Last Listing description (October 2016)

Hop on the train, skip to the shops or jump in the water - whichever's your fancy, it's all on hand from this brilliant beachside location just moments from Chelsea station and foreshore. The deep 821sqm (approx.) block with its broad northerly aspect presents a wealth of opportunity to develop or rebuild in this sunny seaside spot.
Currently offering an original four bedroom cottage which has been gently improved with polished boards, bright functional kitchen & meals area, plus lounge with gas heater and split system air-conditioning. All bedrooms are of a good size, the front master bedroom features built-in robes - they share a central bathroom and separate WC. A sunroom is also included, along with ducted heating, garage and outdoor storage.
With a block of this size and orientation, the options are endless - renovate the existing home and subdivide the ample yard; create a new multi-dwelling development or alternatively craft a family-sized dream home (STCA).There is potential to rent out the current home while you contemplate your next steps.

This is a fabulous opportunity to secure a large and affordable site so close to beautiful Port Phillip Bay - embark on an adventure on Embankment! For more information on this potential-rich opportunity, please contact Aidan Oke on 0430 137 587.

Property History for 51 Embankment Gr, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$903,000
24 Sep 2016
Listed for Rent
$420/w
30 Oct 2014
  • 24 Sep 2016
    Sold for $903,000
  • 30 Jul 2016
    Listed for Sale Not Disclosed
  • 16 Sep 2014
    Listed for Rent - Price not available
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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 16 properties listed for sale, and 5 properties listed for rent in Chelsea on OnTheHouse. According to Cotality's data, 224 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.