Over the last year, property investments in Doncaster East, 3109 have given investors a capital gain of 10.28%. This compares favourably with the 7.68% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Doncaster East comes in at number 41th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Doncaster East itself are offering an average vendor discount of -4.87% to real estate investors.
At number 1172 in a list of fastest selling suburbs, Doncaster East is in the TOP 40% of suburbs in Australia with an average of days on market 66.6 for properties listed there.
Advertised rents are around the $485 mark per week – giving a return of 2.14% based on the median price in Suburb
Investment property in Doncaster East has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.47%
Across a shorter period, Doncaster East, 3109 has seen a median price increase of 0.73% over the last quarter.
At number 229th of VIC’s most discounted properties, Doncaster East is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Doncaster East the average time real estate has been on the market is 82.93 days.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
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.