If you compare the increase in value of investment property in Ivanhoe East, 3079 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 3.69%.
If we look at median property appreciation over just the last three months, Ivanhoe East has given property investors a paper return of 0.06%. This puts Suburb as 528 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Ivanhoe East is $1799000, with sellers offering an average of -1.89% off the asking price.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 9.70%, investors should hope to achieve an overall return of 1.88%
Investment property in Ivanhoe East has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.22%
Comparing Ivanhoe East,3079 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
With the median price for a house in Ivanhoe East being $572500 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.45%