Giving property investors a a poor capital gain of -22.26% for the last year, Chelsea, 3196 is the 3998th highest performer in Australia in this respect.
Over the longer term, Chelsea has seen property prices show investors a -8.51% return over the last 3 years. This is worse than over the last 12 months
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 -5.99% is being offered, which puts this VIC suburb at 2052th most discounted overall in Australia.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.
At number 704th in the list of Australian suburbs ordered by increase in median house value over the last year, Chelsea, 3196 is in the top half with a property value increase of -1.23% recorded in median house prices.
A 49.07% growth in median value for property investors in Chelsea,3196 puts this suburb at number 150th in terms of best performing suburbs in VIC
Property buyers and investors in Chelsea 3196 should be seeing an average reduction in asking price of around -6.81% . This means that Chelsea is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.