Chelsea is a popular bayside suburb on the Frankston rail corridor offering direct beach access, an active boating community, and affordable prices relative to the inner bay suburbs. Growing café culture along Nepean Highway and consistent holiday rental demand add to its appeal. At the current $950k median house price, an 80% loan at 6.25% over 30 years is about $4,679 per month.
| Median house price | $950,000 |
|---|---|
| Median unit price | $620,000 |
| Estimated monthly repayment | $4,679 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.5% |
| Gross rental yield | 4% |
| Typical days on market | 14 |
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