Back 123 Thames Promenade
Off Market

123 Thames Promenade

Chelsea VIC 3196

3
1
4
534 m²
House
Last sold for $970,000
Kristyn BuckleyKristyn Buckley, last sold this property on 16 June 2026 after 43 days on market.

Overview

Opposite The Park, Endless Potential

Positioned directly opposite the wide-open spaces of Bicentennial Park on approximately 534sqm, this inviting single-level brick veneer home delivers the perfect blend of comfort, space and future potential in a highly sought-after family setting. Whether you're a growing family, first home buyer, investor or tradesperson needing extra room for tools, toys and hobbies, this is a property that offers immediate enjoyment with exciting long-term possibilities. Filled with natural light and designed for easy everyday living, the home features generous open plan living and dining, easy outdoor entertaining and an outstanding garage/workshop setup rarely found in this price range. All of this is perfectly positioned within easy reach of local schools, transport, shopping precincts and freeway access for effortless commuting. • Three well-proportioned bedrooms serviced by a central family bathroom • Light-filled open plan living and dining zone creating a warm family atmosphere • Functional kitchen with breakfast bar, gas cooking and dishwasher • Central gas ducted heating for year-round comfort • Full internal laundry with convenient second toilet • Covered rear decking overlooking the spacious backyard and lawn area • Huge double garage with adjoining workshop plus separate music room, studio or playroom • Ideal setup for tradespeople, car enthusiasts, hobbyists or those needing additional workspace and storage • Excellent opportunity for families, first home buyers, downsizers or investors seeking future value • Positioned directly opposite Bicentennial Park in a tightly held family-friendly pocket • Close to local primary schools and zoned for Patterson River Secondary College • Easy access to public transport and the Mornington Peninsula Freeway For those dreaming of building their forever home, this is also an exceptional opportunity to secure a premium family-friendly location for a future knock-down rebuild (STCA). Surrounded by quality new homes and recently completed developments, the area continues to evolve into a highly desirable lifestyle destination, making this an exciting prospect to renovate, invest or create something truly special. Please note, photo identification will be required upon entry to the inspection.

Features

3 bedrooms
1 bathroom
4 carspaces
2 open car spaces
2 garage spaces
534 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Chelsea over the last 12 months, the estimated median property value of 123 Thames Promenade is $1m.

Median value
$1m
Estimated value range
$800k - $2.62m
Median days on market
29
Estimated value trend
-1%
decrease 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 123 Thames Promenade

2026
Sold
$970,000
16 Jun 2026 by Kristyn Buckley, of Ray White Chelsea

Happy sellers in Chelsea

72%
72% 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 42 reviews in Chelsea over the last 12 months.

Local market activity for 3 bedroom houses in Chelsea

In the last 12 months, 30 three-bedroom houses similar to 123 Thames Promenade, have been sold.

This represents a 19% increase in three-bedroom houses sales when compared to the previous 12 months.

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