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Suburb Insights ยท VIC 3196

Chelsea Heights 3196, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Chelsea Heights is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 5,393, making it a smaller community. Located approximately 29 km from the Melbourne CBD, Chelsea Heights is a outer metro area in Victoria. The median household income is $97,084 AUD per year (ABS 2021 Census).

Investment Score

64 / 100 Good

Chelsea Heights benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows Chelsea Heights, Victoria, Australia.

Key Indicators

Postcode
3196

Official Australia Post postcode for Chelsea Heights. A postcode may cover multiple suburbs.

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Population
5,393

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$412/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$97,084/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
29 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,001/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Chelsea Heights's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $412/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,001/month. The median household income of $97,084/year reflects a solid demographic, supporting sustainable rental demand. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Chelsea Heights over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Chelsea Heights can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Chelsea Heights may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Chelsea Heights property

Full Property Analysis

30-year projections for Chelsea Heights

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Chelsea Heights should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Chelsea Heights should see steady occupancy, with moderate upward pressure on rents. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Chelsea Heights a good suburb for investment?

Chelsea Heights is a outer metro area in Victoria with a population of 5,393. The median rent is $412/week and the median household income is $97,084/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Chelsea Heights?

Key demand drivers in Chelsea Heights include affordability relative to inner suburbs and expanding infrastructure. 76% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Chelsea Heights?

According to the ABS 2021 Census, Chelsea Heights has a population of approximately 5,393. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Chelsea Heights from the Melbourne CBD?

Chelsea Heights is approximately 29 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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