15 The Strand
Chelsea, 3196 VIC
1940 house on a 590 m² block with 42m frontage.
Property Snapshot
1940House3 Bed1 Bath2 Off Street590 m² Land147 m² Internal42m Frontage
Investment Highlights
What makes 15 The Strand compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
590 m²
Frontage
42m
Zoning
GRZ2
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1940 house on a 590 m² block and a 42m frontage.
Renovate upside — modest 147 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 165m to bus, 235m to train station and 3.9km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
2 off-street
Internal Area
147 m²
Ownership & Value
Last Sold$1.70M
Sold DateApr 2026
Land Value—
RPD1\SP33658
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Corner LotWide FrontageCharacter HousingResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$1.70M
Confidence: VeryHigh
3 Bed Median
$1.04M
Growth Since 2026
—
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$745
3 Bed Yield
3.7%
Vacancy
0.9%
Rentals Last 12M
6
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 15 The Strand.
Train Station
235m
Bus Stop
165m
Schools
3.9km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Chelsea Snapshot
Broader suburb metrics that support the local story.
Population
8,347
Owner Occupiers
65%
Social Housing
3.1%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Chelsea in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
