October 2026 data · Kingston (Vic.) · VIC
Chelsea house prices: median price and growth
- Median house
- $1.01m ▲ +1.6% in 12 months
- Median unit
- $706k ▼ −0.1% in 12 months
The median house price in Chelsea is $1.01m (October 2026), up 1.6% over 12 months. Units have a median of $706k, down 0.1% over 12 months. That puts Chelsea below the typical Melbourne Bayside suburb ($1.57m) and number 5 of the 6 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Chelsea price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $1.01m | ▼ −6.9% | ▼ −4.6% | ▲ +1.6% |
| Unit | $706k | ▼ −1.9% | ▼ −0.5% | ▼ −0.1% |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Chelsea compared with nearby suburbs
Suburbs within about 1 km of Chelsea, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Patterson Lakes | $1.32m | 0.0% | ▼ −1.0% | ▲ +11.3% | $750k | ▲ +0.7% | ▲ +1.0% | ▲ +6.6% |
| Edithvale | $1.31m | ▼ −2.7% | ▼ −2.2% | ▲ +1.5% | $820k | ▼ −5.6% | ▼ −6.0% | ▼ −3.5% |
| Aspendale Gardens | $1.30m | ▼ −1.0% | ▼ −0.8% | ▲ +4.4% | $716k | – | – | – |
| Bonbeach | $1.18m | ▼ −4.8% | ▼ −1.3% | ▲ +11.6% | $721k | ▼ −0.6% | ▲ +0.2% | ▲ +1.7% |
| Chelsea | $1.01m | ▼ −6.9% | ▼ −4.6% | ▲ +1.6% | $706k | ▼ −1.9% | ▼ −0.5% | ▼ −0.1% |
| Chelsea Heights | $1.01m | ▲ +1.9% | ▲ +1.0% | ▲ +6.2% | $805k | ▲ +0.6% | ▲ +4.5% | ▲ +4.6% |
Living in Chelsea
From the 2021 ABS Census: Chelsea against the Kingston (Vic.) council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Chelsea | Kingston (Vic.) (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 8,347 | 175,768 | 6,503,500 |
| Median age | 41 | 40 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 24.4% | 32.1% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $1,683/wk | $1,919/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 31.6% | 25.3% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Chelsea, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Chelsea?
The median house price in Chelsea was $1.01m in October 2026, up 1.6% on a year earlier. The typical Melbourne Bayside suburb median was $1.57m.
What is the median unit price in Chelsea?
The median unit price in Chelsea was $706k in October 2026, down 0.1% over 12 months.
Is Chelsea more expensive than nearby suburbs?
Of the 5 neighbouring suburbs with a median house price, 4 are dearer than Chelsea and 1 is cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.