Back 4/487 Nepean Highway
Off Market

4/487 Nepean Highway

Chelsea VIC 3196

2
1
1
Unit
Last sold for $620,000
Peter HansenPeter Hansen, last sold this property on 22 March 2026 after 53 days on market.

Overview

Heaven Created Vogue Verve with Bay Views

Reach to the skies with this savvy 2 bedroom + study nook 1st floor security apartment with its own amazing rooftop deck. Capturing views of the Dandenongs and sweeping around the glistening bay, this owner occupied apartment gives you a beautiful sense of space with the beachy lifestyle you love. Brilliant with light thanks to the stylish skylights, Bamboo floors, floor to ceiling windows and contemporary finishes, this gorgeous apartment features a radiant fully equipped kitchen (stainless steel appliances) overlooking the chic living and dining area with sliding doors to a café terrace; a generous main bedroom (built in robes), vogue 2nd bedroom (robe and terrace access), a sizeable designer bathroom with huge Euro laundry and up the stairs, you'll find the study nook and the expansive rooftop deck. Customised making it more like a home than an apartment, it boasts reverse cycle air conditioning, video intercom, sliding fly screens, electric security shutters, ceiling fans, in-built entertainment unit, plenty of storage and secure undercover parking with storage cage. In a boutique group of 5, surrounded by on trend cafes, a friendly retail strip and beyond into Chelsea's main shops, train and exciting restaurant scene, literally footsteps to the white sandy shores of Chelsea Beach.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Chelsea over the last 12 months, the estimated median property value of 4/487 Nepean Highway is $667.75k.

Median value
$667.75k
Estimated value range
$525k - $838k
Median days on market
22
Estimated value trend
6%
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 4/487 Nepean Highway

2026
Sold
$620,000
22 Mar 2026 by Peter Hansen, of Property One

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 units in Chelsea

In the last 12 months, 45 two-bedroom units similar to 4/487 Nepean Highway, have been sold.

This represents a 17% increase in two-bedroom units sales when compared to the previous 12 months.

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