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 4.17%.
Taking the average capital gain, or increase in median house value, Ivanhoe East,3079 has racked up an average of 4.17% over the period. This ranks it number 1218th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Ivanhoe East is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 624th in terms of most discounted suburbs in VIC
At number 1208 in a list of fastest selling suburbs, Ivanhoe East is in the TOP 40% of suburbs in Australia with an average of days on market 63.58 for properties listed there.
Ivanhoe East, 3079’s gross rental yield is 1.74%
Property investors who have had real estate in Ivanhoe East, 3079 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.95%
When looking at the potential capital gains offered to property investors over the last 3 years, Ivanhoe East comes in at number 271th in VIC.
Advertised rents are around the $395 mark per week – giving a return of 3.42% based on the median price in Suburb