Property investors who have had real estate in Kew East, 3102 should be ok 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 8.67%
Comparing Kew East,3102 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kew East, 3102. Typically our figures indicate that -11.96% is being offered, which puts this VIC suburb at 136th most discounted overall in Australia.
Using the current median advertised rental of $695 and the average annual increase in value of a median property of 9.74%, investors should hope to achieve an overall return of 1.92%
When looking at the potential capital gains offered to property investors over the last 3 years, Kew East comes in at number 73th in VIC.
In the last year 29 properties changed hands in Kew East, which puts it as the 254th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $430 weekly from the median priced house in this suburb.