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22 Sherwood Avenue, Chelsea$1.70m
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22 Sherwood Avenue

Chelsea, VIC 3196, Australia
$1.65m – $1.75m
3 bed 1 bath 2 car984 m²

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About this property

Set on a substantial 984m² (approx.) allotment with a wide 20.5-metre frontage, this Chelsea property presents a rare opportunity in a well-established bayside neighbourhood. With fully endorsed plans and permits approved and ready to build for five townhouses, it offers a clear and straightforward development pathway in a location where opportunities of this scale are increasingly hard to find. The approved plans allow for five double-storey townhouses, each comprising three bedrooms and two bathrooms, with well-proportioned interiors, individual garages and private open space. The layout has been thoughtfully arranged to suit modern living, with a mix of internal space and outdoor areas that work comfortably for everyday use. A three-bedroom home currently occupies the site and is leased to a tenant, providing holding income while future plans are considered. Conveniently located close to Chelsea Beach, the shopping village, cafes, schools and Chelsea Train Station, the address combines lifestyle appeal with long-term value. With generous land dimensions, a wide frontage and a ready-to-go permit already in place, this is a standout opportunity in one of Chelsea's most tightly held pockets. For more information, please contact Chris Kavanagh on 0432 824 448 from Barry Plant today. ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
984 m²
Listed
3 months ago

Repayment calculator

$8,242/month
$4,121 /fortnight
Loan $1,360,000 at 6.10% over 30 years

Upfront costs

Deposit$340,000
Stamp duty$93,500
Conveyancing (est.)$2,000
Total upfront$435,500
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Chelsea

This 3-bedroom house in Chelsea, VIC 3196 sits within reach of public transport, local shops and nearby schools. It is listed 77% above the $960,000 median of 61 comparable houseswithin 5 km.

Schools near Chelsea

  • Chelsea Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)174 m away
  • Cheva Gold316 m away
  • Unnamed478 m away
  • Unnamed494 m away
  • Unnamed514 m away

Chelsea at a glance

Full suburb profile
Population
8,347
Median age
41
Household income
$1,683/wk
Median rent
$375/wk
Median mortgage
$2,008/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Chelsea price trend

Median sold · House 3 bed

Compound growth +1.4% / yr over 4 yrs

$1.09mcurrent median

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1 price change recorded for this property

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