Property investors who have had real estate in Chelsea, 3196 should be ok 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 8.29%
While Chelsea,3196 ranked number 517th in VIC for increase in median house value (annualised) increase, it is ranked 109th over the last 5 years.
Situated 29.58km from the CBD, Chelsea is one of Kingston localities in the postcode 3196.
If you compare the increase in value of investment property in Chelsea, 3196 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 19.23%.
Comparing Chelsea,3196 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Chelsea is $600000, with sellers offering an average of -2.33% off the asking price.
Residents and property investors in Chelsea have been waiting around 8.27 days to sell a property.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.