At number 1294th in the list of Australian suburbs ordered by increase in median house value over the last year, Kew East, 3102 is in the top 40% with a property value increase of 8.16% recorded in median house prices.
Across a shorter period, Kew East, 3102 has seen a median price increase of 0.57% over the last quarter.
Property investors looking for a bargain in Kew East should be aiming for at least -11.50% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $7380 per annum or $615 every week.
Over the last year, property investments in Kew East, 3102 have given investors a capital gain of 2.81%. This compares averagely with the 3.19% for VIC as a whole.
Kew East,3102 was ranked 36 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Kew East itself are offering an average vendor discount of -5.49% to real estate investors.
Kew East, 3102’s gross rental yield is 2.95%