If you compare the increase in value of investment property in Malvern East, 3145 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.16%.
While Malvern East,3145 ranked number 343th in VIC for increase in median house value (annualised) increase, it is ranked 65th over the last 5 years.
Our latest figures would indicate that property sellers in Malvern East are currently offering property investors an average price cut of -10.69% below the asking price at the moment.
At number 843 in a list of fastest selling suburbs, Malvern East is in the TOP 30% of suburbs in Australia with an average of days on market 59.56 for properties listed there.
With a capital gain of 3.54% for the last 12 months, Malvern East, 3145 has performed for property investments than its average annual 6.95% property growth over the last 5 years.
Malvern East,3145 has offered an average of 3.54% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Malvern East should be aiming for at least -4.20% off the asking price, which is the average vendor discount being achieved at the moment.
A $365 per week rent on the median house gives suburb investors a gross yield of circa 3.16%, without taking into account capital value appreciation, which has been averaging out at 6.95%.