Investment property in Chelsea has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.98%
If we look at median property appreciation over just the last three months, Chelsea has given property investors a paper return of 1.29%. This puts Suburb as 432 on a list of fastest fasting appreciating suburbs in VIC
Chelsea, 3196 is offering VIC ‘s 600th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Chelsea, 3196 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.16%.
The five-year average increase in median property values for Chelsea,3196 has given property investors a potential capital gain of 40.54% across each of those five years.
Chelsea, 3196 is offering VIC ‘s 295th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
Often selling an investment property can take time, and in Chelsea the average time real estate has been on the market is 47.16 days.
With the median price for a house in Chelsea being $520000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.60%