With a capital gain of 14.11% for the last 12 months, Chelsea, 3196 has performed for property investments than its average annual 9.58% property growth over the last 5 years.
While Chelsea,3196 ranked number 538th in VIC for increase in median house value (annualised) increase, it is ranked 97th 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, 3196. Typically our figures indicate that -1.60% is being offered, which puts this VIC suburb at 3726th most discounted overall in Australia.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 9.58%, investors should hope to achieve an overall return of 2.81%
Chelsea, 3196 ranked 139th in VIC when comparing growth in median property values or capital gain over the last 12 months. Chelsea is one of 2098 in our list for VIC
Chelsea,3196 has offered an average of 5.96% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Chelsea is giving property investors an average Vendor Discount of around -2.88%. This puts suburb at number 297th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.