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 › Enterprize Ave
$900,000
Last sold
11 Feb 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
585 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$900,000
11 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Chelsea Heights (last 5 years) with land size have a median of $1,667/m² of land (n=51). 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
-8.6%
Median sale
Suburb $985,000
+0.29 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 data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Area Specialist VictoriaITS ADDRESSED
What an opportunity! Boasting a sizeable 585sqm block just five minutes from the heavenly coastline and Edithvale Beach, this three-bedroom home enjoys a wide frontage with a Provincial-inspired single storey facade, easy-maintenance gardens and a double lock-up garage. Further, just across the road are stunning parklands and walking tracks.
The open-plan layout vaunts an abundance of full-height windows and glass sliding doors that look out across the alfresco and in-ground swimming pool which is framed by tropical palms and glass fencing. Slate-style floor tiles create a resort vibe, and the dining space is surrounded by bay-style windows. Ducted heating, evaporative cooling, LED lighting and window furnishings are all high-quality inclusions.
Filled with natural light, the open kitchen is presented in a coastal motif, with sparkling white tiles to the splash back and 40mm rounded edge sky blue laminate countertops. A servery shelf and breakfast bar add flexibility to the space, and home chefs will love the integrated appliances including an electric oven, gas burner cooktop and stainless steel dishwasher.
At the front of the home, a formal sitting room provides a great children’s retreat, and there are three well-sized bedrooms with plentiful built-in storage. The main bedroom steps up to include a walk-in robe and private ensuite. Both of the home’s bathrooms are well-maintained in their original finish, with ocean blue floor tiles, stainless steel spindle tapware and aluminium framed showers. A tiled hob bathtub is found in the main bathroom.
This home boasts a premium position within Chelsea Heights, just five minutes away from the seaside and directly opposite stunning parklands and walking tracks. Shopping and dining are within walking distance, and the Mornington Peninsula Freeway is also within close proximity.
With a large block and a swimming pool in a wonderful location, this is truly a lifestyle home. Contact us for a priority inspection today!
Property Specifications
* Three bedrooms plus study, two spacious living zones, two bathrooms
* Tropical backyard with paved entertaining area and in-ground swimming pool
* Ducted heating, evaporative cooling, LEDs
* Double lock-up garage and was-maintenance landscaping
* Parkside and only five minutes from the coastline s
For more Real Estate in Chelsea Heights contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Jaymee Hanh Le, Area Specialist Victoria — reproduced as published, not verified by Districts.