Back 5/48 Embankment Grove
Off Market

5/48 Embankment Grove

Chelsea VIC 3196

2
1
2
116 m²
Unit
Last sold for $685,000
Shane O'SughrueShane O'Sughrue, last sold this property on 08 August 2025 after 25 days on market.

Overview

Stylishly Renovated Retreat in Prime Chelsea Pocket

Tucked away at the rear of a quiet, well-maintained group, 5/48 Embankment Grove, Chelsea offers the perfect blend of modern design, low maintenance living and coastal lifestyle. Fully renovated and flooded with natural light, this immaculate two bedroom home is the ideal choice for first home buyers, downsizers or savvy investors looking to secure a premium address in bayside Melbourne. Step inside to discover a warm and inviting interior with high ceilings and stunning hardwood floors that flow throughout. The open plan kitchen, meals and living zone is the heart of the home, beautifully finished with a stone benchtop, subway tiled splashback, breakfast bar, gas cooktop, electric oven and generous pantry storage. A ceiling fan and split system ensure year round comfort, while large bifold doors extend the living area seamlessly onto a spacious front decking, creating a superb indoor outdoor connection. Out the back, a second alfresco space offers a large undercover deck, perfect for entertaining or relaxing in peace, alongside a handy storage shed and paved patio area. Both bedrooms include built-in robes and share a luxurious central bathroom featuring floor to ceiling tiles, a walk-in shower with niche, elegant brushed chrome tapware, and a stylish timber benchtop with single bowl sink. The home is completed by a single car space on title and low maintenance surrounds, making life here effortlessly easy. This address delivers unbeatable convenience with every lifestyle amenity at your doorstep. Stroll to Chelsea Bicentennial Park, Chelsea Recreation Reserve, Chelsea Foreshore and Chelsea Village with its cafes, shops and local services. Leave the car at home and walk to Chelsea Station or nearby bus stops. Families will love being close to Chelsea Primary School, Bonbeach Primary School, St Joseph's College and Patterson River Secondary College. On weekends, enjoy the outdoors at Edithvale Seaford Wetlands, Patterson River Country Club or Edithvale Public Golf Courses. Perfectly positioned and beautifully presented, this Chelsea gem is ready to move in and enjoy. All the work has been done, simply unpack and start living the vibrant beachside lifestyle. For further information contact Ray White Chelsea Director Shane O'Sughrue on 0401 119 911.

Features

2 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
116 m² lot size
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 5/48 Embankment Grove 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 5/48 Embankment Grove

2025
Sold
$685,000
Auction Sale on 08 Aug 2025 by Shane O'Sughrue, of Ray White Chelsea
2022
Sold
$700,000
07 Mar 2022 by James French, of Buxton Chelsea
2019
Sold
$487,500
27 Oct 2019 by James French, of Buxton Chelsea

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, 46 two-bedroom units similar to 5/48 Embankment Grove, have been sold.

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

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