Chelsea at a glance
8,995
People
No data
Median sale
$547/wk
Median rent
No data
Suburb gross yield
VIC › Chelsea › Embankment Grove
$1,020,000
Last sold
6 July 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
531 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,020,000
6 July 2022 · derived via latest_sale
Local land rate: recorded House sales in Chelsea (last 5 years) with land size have a median of $2,143/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Chelsea at a glance
8,995
People
No data
Median sale
$547/wk
Median rent
No data
Suburb gross yield
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7
NRZ7
Jurisdiction
Kingston (Vic.)
Kingston (Vic.), VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 531 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: SPECIAL BUILDING OVERLAY. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $547/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 531 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: SPECIAL BUILDING OVERLAY. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Chelsea at a glance
8,995
People
No data
Median sale
$547/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by OBrien Real Estate Chelsea & SeafordWelcome to this wonderful family home set on a 531m2 block. Positioned in a quiet pocket of Chelsea, this offers incredible value for money. Perfect for those who are looking for a clean, light and bright home that also has the opportunity to add value in the future. A delightful home that is suitable for young families, those looking to downsize to a single level home and investors. Features include:
- 3 bedrooms, the master with a walk in robe and semi en-suite, zoned to the front of the home
- Formal lounge room and dining with wall heater and an abundance of natural light
- Central kitchen with gas cook top, electric oven, dishwasher and casual meals area. Outdoor access to the undercover entertaining is from here
- Family bathroom with separate WC
- Undercover outdoor area is the perfect space for summer barbeques, the rear yard is very private, has lots of established plants and garden beds. A garden shed is handy for tools and storage
- Separate laundry with outdoor access
- Off street parking for a vehicles
- Potential rent return of $560 per week
A practical home that entertainers will love! Close to parks - Edithvale Walking Track, Bicentennial Park and Chelsea Heights Primary School. There is easy city access via the freeways and there are great amenities within walking distance like, gyms, cafes, and medical centres. Available to purchase by private sale - call today to arrange receiving a copy of your section 32 and to book your inspection.
Listing description written by OBrien Real Estate Chelsea, OBrien Real Estate Chelsea & Seaford — reproduced as published, not verified by Districts.
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