If you compare the increase in value of investment property in Chelsea, 3196 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.95%.
When looking at the potential capital gains offered to property investors over the last 3 years, Chelsea comes in at number 41th in VIC.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.04% offered to property buyers. Sellers in Chelsea itself are offering an average vendor discount of -4.52% to real estate investors.
Property value increases in Chelsea have tracked just higher than the VIC average of 8.36% over the last 12 months.
A 55.84% growth in median value for property investors in Chelsea,3196 puts this suburb at number 241th in terms of best performing suburbs in VIC
Vendor discounting in Chelsea is giving property investors an average Vendor Discount of around -4.34%. This puts suburb at number 168th in VIC when ranking the most discounted suburbs.
Residents and property investors in Chelsea have been waiting around 35.42 days to sell a property.
Situated 28.12km from the CBD, Chelsea is one of Kingston localities in the postcode 3196.