1 Mulkarra Drive, Chelsea VIC 3196

5 beds 3 baths 4 cars
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5Bedrooms 3Bathrooms 4Car spaces HouseProperty type 530 m²Land

Chelsea market

Full suburb report
Median listing$790,000
Median sold$781,000
Typical selling time24 days
Tracked sold properties86
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Price position Above suburb median

50.6% above the current suburb median listing price.

Buyer negotiation signal Buyer negotiation

The suburb median sold price is $9,000 below the median listing price.

Selling pace Slower than typical

24 days typical · Property listed 306 days (1,175% longer).

Seller pressure score Very high · 95/100

Listed 1,175% longer than typical · price reduced 11.9% · local sales below asking.

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Limited competition 1 similar home for sale

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Spachus Property Estimate $1,330,000 Automated estimate based on available property and market data. Not a formal valuation.
Asking vs estimate -$140,000 10.5% below the Spachus estimate

Property Overview

1 Mulkarra Drive, Chelsea VIC 3196 is a house. It has 5 bedrooms, 3 bathrooms and 4 car spaces. It is currently listed at $1,190,000. It has been on the market for 306 days. In Chelsea, the median listing price is $790,000 and the median sold price is $781,000. Its current asking price is $400,000 (50.6%) above the Chelsea median listing price. Properties in Chelsea typically sell in around 24 days based on Spachus tracked sales data. It has currently been on the market 282 days longer than the Chelsea typical selling time.

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