CHELSEA 3196
State: VICPosiProp AI Investment Summary
CHELSEA (VIC 3196) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Up 8.4%, with a median house buy price of $1,060,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$743,000
$1,045,000
$1,340,000
$1,060,000
Suburb Market Profile
Last month Chelsea had 28 properties available for rent and 47 properties for sale. Median property prices over the last year range from $1,060,000 for houses to $710,000 for units. If you are looking for an investment property, consider houses in Chelsea rent out for $690 PW with an annual rental yield of 3.4% and units rent for $550 PW with a rental yield of 4.1%. Chelsea has seen an annual compound growth rate of 8.4% for houses and 3.8% for units.