All About Chelsea Heights, Kingston (Vic.), VIC, 3196

Chelsea Heights, situated within the City of Kingston in Victoria, Australia, presents a dynamic housing market characterized by a blend of affordability and appeal, making it an attractive option for families and young professionals alike. The suburb has seen steady growth in recent years, largely due to its proximity to beautiful beaches, accessible public transport, and a range of local amenities. Housing options in Chelsea Heights vary from modern townhouses to traditional family homes, catering to diverse preferences and budgets. The area often appeals to buyers seeking a suburban lifestyle with easy access to metropolitan Melbourne, only a short drive away. In recent times, the housing market here has experienced moderate price increases, reflective of the broader trends in Greater Melbourne, yet remains relatively accessible compared to inner-city suburbs.

Living in Chelsea Heights offers a balanced lifestyle that combines the serenity of suburban life with the convenience of urban amenities. Residents enjoy a variety of recreational spaces and parks, such as Bicentennial Park and Chelsea Recreation Reserve, which are perfect for family outings and fitness enthusiasts. The local community is diverse and vibrant, often coming together for local events, markets, and community gatherings that foster a strong sense of belonging. Educational facilities are commendable, with a variety of primary and secondary schools available, catering to different educational needs. Public transport is convenient, with a network of buses connecting residents to surrounding areas and the nearby train station in Chelsea, providing seamless access to Melbourne's CBD. Overall, Chelsea Heights offers a tranquil yet connected environment, making it a desirable location for those looking to settle down in a welcoming community.

Chelsea Heights Real Estate Market Outlook

Thinking about buying in Chelsea Heights? Now could not be a better time, with 2572 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,157,000 with prices in this suburb ranging from $407,000 to $2,493,000. Chelsea Heights is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Chelsea Heights are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Chelsea Heights provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Chelsea Heights to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Chelsea Heights the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Public Transport

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General Points of Interest

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