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City of Kingston

Chelsea

Chelsea Property Market
& Suburb Profile

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MEDIAN PRICES IN CHELSEA

Median house price

(all agencies, last 12 months)$978k*

House price change

(all agencies, last 12 months)-0.76%

Median unit price

(all agencies, last 12 months)$719k*

Unit price change

(all agencies, last 12 months)+2.71%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

CHELSEA price TRACKER

HousesUnits

Chelsea sales overview

  • Sold by Auction 74%
  • Sold by Private Sale or Other Method 26%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)25

Auction clearance rate in Chelsea

(all agencies, last 12 months)77%

Average held period in Chelsea

(proptrack)12 years

Chelsea Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$672pw

House rental price change

(all agencies, last 12 months)0.02%

Median rental price for Units

(all agencies, last 12 months)$556pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.14%

Average rental yield for Units

(all agencies, last 12 months)3.83%

Chelsea total population size

(as at the last census)8,347

Median household size in Chelsea

(as at the last census)2.2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Chelsea property types

  • Houses 25%
  • Units 42%
  • Other 33%

OCCUPANCY in Chelsea

  • Owned 65%
  • Rented 32%
  • Other/Not Stated 3%
  • Singles 36%
  • Families 61%
  • Other 3%

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About Chelsea

Chelsea is a Melbourne bayside suburb with neighbouring suburbs that include Edithvale and Bonbeach. Chelsea is approximately 30km south-east of the CBD, between Mordialloc and Frankston.

Chelsea is one of several suburbs outside the Melbourne CBD and inner ring that has experienced impressive growth in recent years. Despite its many charms, it is still affordable and is widely considered an overlooked gem among bayside suburbs.

Chelsea lifestyle

Chelsea has a long stretch of pristine beaches and offers an idyllic lifestyle. A relaxed community vibe sets the scene in this south-eastern pocket – the water is calm and inviting, and iconic beach boxes and a picturesque pier give the shoreline its unique character. In Chelsea, older residents mix with newcomer professionals and young families eager to buy into a great lifestyle in an affordable location.

Chelsea property styles

Chelsea and its surrounds are eclectic in terms of housing styles, from turn-of-the-century cottages, 1920s Tudor-style homes and mid-century beach houses to modern upmarket townhouses and a mix of 1960s and 70s apartments and villas. The clutch of absolute beachfront properties are, of course, the jewel in the Chelsea crown.

Chelsea schools

There are many school options to choose from in the surrounding area, from religious schools to public primary schools and private schools. They include Chelsea Primary School, Westall Secondary College - LEEP Chelsea, St Joseph's School Chelsea, Haileybury, Cornish, Lighthouse, St Bede’s, Mentone Grammar and Kilbreda. Monash University’s Peninsula Campus is about a 10-minute drive away.

Chelsea shopping & eating out

You’ll find cafes, restaurants and takeaway options scattered along the main strip on Nepean Hwy- great for brunch or some fish & chips down on the beach.

Chelsea is bustling with businesses that include supermarkets, butchers, a newsagent, pharmacy and hair salons. Larger department stores and a cinema are in the Southland Westfield shopping centre, which is only 20-minutes away.

Chelsea's business district is centred on the Nepean Highway, which runs parallel to the shore. A railway line, community facilities, and residential areas may be found on the highway's eastern side. The western side of the roadway is mostly lined with stores, with a narrow strip of houses bordering the ocean foreshore behind them.

Chelsea sports & recreation

Bicentennial Park has a great playground, skate park, dog park & BBQ facilities, extensive walking and bike trails around Edithvale Wetlands, bird watching, and several gyms.

Community sports clubs around the area cater to football, cricket, tennis, bowling and horse-riding enthusiasts. Chelsea is home to a number of parks and recreational facilities. Victory Park is located at the end of The Strand and offers a playground as well as a view of the beach. Bicentennial Park,,located on the corner of Thames Promenade and Scotch Parade, has athletic facilities as well as wilderness walking trails, a lovely playground with a dog park and barbecue facilities, and the nearby Edithvale Wetlands is a magnet for hikers and bird watchers.

The beach in Chelsea is a long, unbroken length of beachfront that offers magnificent views of the Mornington Peninsula to the south. A 300-meter stretch of beach around the local surf lifesaving club has been proclaimed a no-boating zone, making it perfect for safe swimming in the protected bay waters. A short pier that extends into the water may be seen a bit further south. Low sand dunes line the beach's shoreline, with groupings of colourful bathing boxes nestled among natural coastal grasses viewing the ocean.

In neighbouring Bonbeach, there's a country club and golf course, and you're only a 30-minute drive from the food, wine and natural beauty of the Mornington Peninsula.

Chelsea transport & accessibility

The suburb of Chelsea is on the Frankston rail network, which was recently upgraded to improve safety, reduce congestion and offer more frequent services. Hop on an express train, and you’ll be at Flinders Street Station in about 45 minutes. Numerous bus routes connect Chelsea to key hubs such as Dandenong and Airport West.

Chelsea is great for:

  • Gym & Fitness
  • Parks & Recreation
  • Public Transport
  • Safe & Sound
  • Beach

Chelsea demographics:

  • Families with kids
  • Professionals
  • Retirees
  • Singles
  • Tourists
  • Beach lovers

Suburbs near Chelsea:

  • Bonbeach
  • Chelsea Heights
  • Edithvale
  • Patterson Lakes

Education

Chelsea Primary School
St Joseph's School
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Sales Comparison

Find out how Chelsea median sales prices compare to neighbouring suburbs.

Chelsea MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025233$848,250-0.76%228$614pw3.48%
2024214$865,5006.49%240$608pw3.78%
2023180$838,375-7.44%229$565pw3.42%
2022218$887,5003.47%273$513pw3.25%
2021283$837,50021.97%306$476pw2.74%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025233$848,250-0.76%
2024214$865,500+6.49%
2023180$838,375-7.44%
2022218$887,500+3.47%
2021283$837,500+21.97%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025228$614pw3.48%
2024240$608pw3.78%
2023229$565pw3.42%
2022273$513pw3.25%
2021306$476pw2.74%

PROUDLY SERVICING Chelsea

Barry Plant
Chelsea

394-395 Nepean Highway
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Bonbeach

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.