How Much is My Home Worth in Chelsea?
The median price for a house in Chelsea is $770,000 as of February 5, 2020. A median-priced unit is $595,000. There have been 87 houses and 118 units sold in the last year. The average annual capital growth for houses is 5.74% and for units, it is 6.54%. The 12-month capital growth is -11.51% on houses and -0.83% for units. The Demand to Supply Ratio or DSR rating has homes as above average. This is a good property market for investors. Buyers can sometimes get a good price. But, sellers are generally getting their asking price. As a property investment, you can expect capital growth to be just ahead of the national average.
House prices and rent returns in Chelsea.
- 2 bedroom home $595,000 Rent per week $380
- 3 bedroom home $790,000 Rent per week $445
- 4 bedroom home $1,085,000 Rent per week $500
Unit prices and rent returns in Chelsea.
- 2 bedroom home $530,000 Rent per week $370
- 3 bedroom home $726,000 Rent per week $500
The gross rental yield for houses is 3.13% and for units, it is 3.42%. It takes 59 days to sell a house and 60 days to sell a unit in Chelsea.
Free Real Estate Appraisal Chelsea
Are you thinking of selling your Chelsea home? Our real estate sales agents will give you a free, accurate market price as to the value of your home or land. We base our appraisals on the location to schools, shops, amenities and recent sales history.
Free Rental Appraisal Chelsea
Have you recently purchased an investment property or wish to rent out your home? Our property management team are available to give you a free rental appraisal on your house or unit. We manage over 3800 property’s in Melbourne. We use state of the art software which maintains inspections and rent collection. We provide to our landlord’s full tax accounting files. We can maximise your return on investment.
Property Valuation Chelsea
There is a difference between an appraisal and a valuation. Appraisals can be performed by any of our agents free of charge. But, if for legal reasons you require a property valuation then you must employ a registered valuer. For this service, you will be charged a fee.
Chelsea Beach, Victoria
Lifestyle in Chelsea
Chelsea is right on Port Phillip. it is a very popular beach during the summer. There are multiple shops and restaurants including a Woolworths outlet. About 7773 people reside in Chelsea which is located 30 kilometres south-east from the Melbourne CBD. Neighbouring suburbs include Chelsea Heights, Edithvale and Bonbeach. In the heart of Chelsea, you will find the Chelsea train Station which runs along the Frankston line.
Schools in Chelsea
There are 3 schools in Chelsea.
- Chelsea Primary School Co-educational
- St Joseph’s School Prep – 6
- Westall Secondary College-LEEP Chelsea Years 7-12