Chelsea, 3196 ranked 165th in VIC when comparing growth in median property values or capital gain over the last 12 months. Chelsea is one of 2099 in our list for VIC
Across a shorter period, Chelsea, 3196 has seen a median price increase of 9.62% over the last quarter.
Sellers are offering property buyers an average discount of -6.21% to buyers in Chelsea at the moment, which is less than average for the rest of VIC.
At number 1073 in a list of fastest selling suburbs, Chelsea is in the TOP 30% of suburbs in Australia with an average of days on market 64.1778 for properties listed there.
The VIC suburb of Chelsea, 3196 is in the Kingston (C) (Vic.) local government area.
Property investors who have had real estate in Chelsea, 3196 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.72%
Taking the average capital gain, or increase in median house value, Chelsea,3196 has racked up an average of 3.72% over the period. This ranks it number 223th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Chelsea 3196 should be seeing an average reduction in asking price of around -7.34% . This means that Chelsea is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Chelsea have been waiting around 58.8312 days to sell a property.