Back 1/490 Nepean Hwy
Off Market

1/490 Nepean Hwy

Chelsea VIC 3196

2
1
1
Apartment
Last sold for $545,000
Nicola StaceyNicola Stacey, last sold this property on 27 July 2025 after 82 days on market.

Overview

BEACHSIDE APARTMENT LIVING

Terms: 5 or 10% deposit Settlement: 30/60/90 days preference Built: 2007 (approx.) Home size: 12sq approx. Rental appraisal: $550 - $580 P/W (approx.) School Zone: Chelsea Primary, St Josephs and Patterson River Secondary Key Features include: Polished floorboards leading to a sun-filled open plan living/dining offering beautiful highlight windows Modern kitchen with stone benchtops and SS appliances Private East facing balcony with views out to the Dandenong Ranges Two newly-carpeted bedrooms with BIR's, both connected by a peaceful outdoor alcove Split system heating and cooling Secure undercover parking and storage cage Family sized bathroom Blockout blinds throughout Euro-style laundry Imagine living just steps away from the golden sands of Chelsea Beach, with the convenience of local cafes, a shopping centre, and the train station all within walking distance. This spacious apartment offers an unparalleled lifestyle, perfect for first home buyers, downsizers, or savvy investors. Don't miss out on this rare opportunity to secure this beachside home in this highly sought after community.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Chelsea over the last 12 months, the estimated median property value of 1/490 Nepean Hwy is $685k.

Median value
$685k
Estimated value range
$520k - $863k
Median days on market
25
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chelsea. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/490 Nepean Hwy

2025
Sold
$545,000
27 Jul 2025 by Nicola Stacey, of OBrien Real Estate Chelsea & Seaford
2017
Sold
$520,000
Private Sale/Treaty on 04 Dec 2017 by Nicola Stacey, of OBrien Real Estate Chelsea & Seaford

Happy sellers in Chelsea

71%
71% of sellers in Chelsea reported that their sale price either exceeded or met their price expectations.

Chelsea stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Chelsea over the last 12 months.

Local market activity for 2 bedroom apartments in Chelsea

In the last 12 months, 34 two-bedroom apartments similar to 1/490 Nepean Hwy, have been sold.

This represents a 16% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Chelsea

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent