Chelsea Heights at a glance
5,447
People
$985,000
Median sale
$591/wk
Median rent
3.12%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Chelsea Heights › Thames Promenade
$922,500
Last sold
27 Aug 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
621 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$922,500
27 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Chelsea Heights (last 5 years) with land size have a median of $1,664/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
Chelsea Heights at a glance
5,447
People
$985,000
Median sale
$591/wk
Median rent
3.12%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Chelsea Heights
-6.3%
Median sale
Suburb $985,000
+0.21 pp
Gross yield
Suburb 3.12%
Suburb median $985,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD
TRZ3
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 TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (ZN). Official parcel area about 622 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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $591/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 TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (ZN). Official parcel area about 622 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?
KnownmediumOfficial parcel about 622 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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 Heights at a glance
5,447
People
$985,000
Median sale
$591/wk
Median rent
3.12%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate Chelsea & SeafordCottage charm is evident and opportunity is in abundance with this lovely 'one owner' home. Offering approx. 621m2 of land the home is positioned in the heart of Chelsea Heights on a prime corner location. Perfect for those who would like the high exposure site for a home business, as the Chelsea Heights shops, including a doctor and chemist are directly across the road. This delightful home comprises of the following features:
- 3 double bedrooms with built in robes
- Spacious formal lounge room. Gas heater
- Second living room with outdoor access and split system
- Large original kitchen, gas upright stove and dining room
- Central bathroom, light and clean
- Separate laundry with separate toilet
- Carport with roller door - 3 cars off street
- Single garage with work bench and office
Option 1 - Develop (STCA). This is a great block for 2 prestige townhouses
Option 2 - Renovate and reap the rewards. This home is original but has good bones and offers scope to make an excellent family home.
Option 3 - Home business (STCA) Renovate the main home and run the business, save on renting costly office/warehouse space
Option 4 - Knock down and rebuild your dream home, (STCA)
Option 5 - Invest in this great home in a high growth bay side suburb, potential rent $480 - $490
Chelsea Heights Primary School is less than 300m away, bus stops and shops are at your front door. A unique opportunity in a handy location, this one will not last long. Offered for PRIVATE SALE, call today to register your interest.
Listing description written by OBrien Real Estate Chelsea, OBrien Real Estate Chelsea & Seaford — reproduced as published, not verified by Districts.
Also look at
46 Fourth Ave, Chelsea Heights VIC 3196
3-bed house for sale. Asking $840K–$870K.
15 Gruchy Ave, Chelsea Heights VIC 3196
4-bed house for sale. Asking $990K–$10.6M.
U1, 10 Roche Ct, Chelsea Heights VIC 3196
2-bed unit. Currently listed.
29 Clarood Cres, Chelsea Heights VIC 3196
3-bed house for sale. Asking $880K–$950K.