Investment property in Doncaster East has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.09%
Doncaster East,3109 was ranked 1634 in Australia by increase in median property value over the quarter.
Vendor discounting in Doncaster East is giving property investors an average Vendor Discount of around -4.88%. This puts suburb at number 393th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 24.33 sales per month, which equates to 292 per year.
Doncaster East is 554th on a list of best yielding suburbs for rents in VIC with a 2.15% return
At number 890th in the list of Australian suburbs ordered by increase in median house value over the last year, Doncaster East, 3109 is in the BOTTOM 50% with a property value increase of 2.22% recorded in median house prices.
Doncaster East,3109 was ranked 1228 in Australia by increase in median property value over the quarter.
Property buyers and investors in Doncaster East 3109 should be seeing an average reduction in asking price of around -4.38% . This means that Doncaster East is holding prices well when compared to other suburbs in VIC.
Doncaster East is 316th on a list of best yielding suburbs for rents in VIC with a 3.24% return
Doncaster East is a great suburb, perfect for people of all ages. Offering excellent schools, parks, shopping, easy access to the CBD plus a very quiet and safe place to live. Full summary
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Doncaster East is a great suburb, perfect for people of all ages. Offering excellent schools, parks, shopping, easy access to the CBD plus a very quiet and safe place to live.
Close to schools, local shopping, Westfield Doncaster, family friendly.
Most sought-after properties:
Family homes in East Doncaster school zone or Doncaster Gardens Primary.
Most common properties:
1960’s/1970’s 3 bedroom, L shape lounge/dining.
East Doncaster Secondary College, Doncaster Gardens, Ruffey Lake Park.
Local industry and business:
Devon Plaza, The Pines, Jackson Court and Donburn shopping centres.
60km zone on Blackburn Road.
Deep Creek Drive, Milgate Estate.
Buses to city and train station.
Doncaster Road, Blackburn Road, Eastern Freeway, King Street, Georges Road.