Kew East, 3102 ranked 389th in VIC when comparing growth in median property values or capital gain over the last 12 months. Kew East is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Kew East comes in at number 153th in VIC.
LACK OF BUYER INTEREST may well be the reason that Kew East is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 56th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $7440 per annum or $620 every week.
VIC has seen average median house prices change by 2.98% which means that Kew East, 3102 has done well for property investors by showing a capital gain of -9.74% over the last year
Over the longer term, Kew East has seen property prices show investors a -5.42% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Kew East is giving property investors an average Vendor Discount of around -5.49%. This puts suburb at number 120th in VIC when ranking the most discounted suburbs.
At number 504 in a list of fastest selling suburbs, Kew East is in the TOP 40% of suburbs in Australia with an average of days on market 65.71 for properties listed there.
Property investors should expect to get $420 weekly from the median priced house in this suburb.