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Chelsea vs Dixie

Property investment comparison - Chelsea, VIC 3196 vs Dixie, VIC 3265

Head-to-head across core investment metrics: Chelsea wins 3, Dixie wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricChelseaDixie
Median house price$1.1M$1.1M
Median unit price$745K-
Gross rental yield (houses)3.25%2.05%
Gross rental yield (units)4.02%-
1-year house growth+8.1%estimate-
3-year house growth--
Vacancy rate1.3%4.0%
Population8,347148

Chelsea vs Dixie: what the numbers say

The median house price is $1.1M in Chelsea and $1.1M in Dixie, so Chelsea is the cheaper entry point, with Dixie houses about 1% dearer.

On cash flow, Chelsea leads: houses there return a gross rental yield of 3.25%, compared with 2.05% in Dixie, a gap of 1.20 percentage points.

Rental vacancy is 1.3% in Chelsea and 4.0% in Dixie, so landlords in Chelsea face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Chelsea is the bigger suburb, with a population of 8,347 against 148, roughly 56 times the size of Dixie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chelsea for rental income, Chelsea for a lower purchase price, Chelsea for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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