If you compare the increase in value of investment property in Kew East, 3102 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 5.87%.
A 71.90% growth in median value for property investors in Kew East,3102 puts this suburb at number 389th in terms of best performing suburbs in VIC
At number 50th of VIC’s most discounted properties, Kew East is in the bottom 10% of the state/territory when listing in order of most discounted to least.
In the last year 70 properties changed hands in Kew East, which puts it as the 355th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $617.5 mark per week – giving a return of 1.78% based on the median price in Suburb
Investment property in Kew East has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.44%
Across a shorter period, Kew East, 3102 has seen a median price increase of 2.76% over the last quarter.
Kew East, 3102’s gross rental yield is 2.95%