Investment property in Chelsea Heights has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.07%
While Chelsea Heights,3196 ranked number 114th in VIC for increase in median house value (annualised) increase, it is ranked 164th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Chelsea Heights, 3196. Typically our figures indicate that -3.66% is being offered, which puts this VIC suburb at 3394th most discounted overall in Australia.
On average over the past year, suburb has had 4.75 sales per month, which equates to 57 per year.
Advertised rents are around the $435 mark per week – giving a return of 3.52% based on the median price in Suburb
Giving property investors a a stable capital gain of 9.26% for the last year, Chelsea Heights, 3196 is the 404th highest performer in Australia in this respect.
Chelsea Heights,3196 has offered an average of 9.26% return per annum in house price rises to property investors over the last three years.
The VIC suburb of Chelsea Heights, 3196 is in the Kingston local government area.