Malvern East has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.77% to date .
Across a shorter period, Malvern East, 3145 has seen a median price increase of -0.29% over the last quarter.
Our latest figures would indicate that property sellers in Malvern East are currently offering property investors an average price cut of -8.47% below the asking price at the moment.
Residents and property investors in Malvern East have been waiting around 64.98 days to sell a property.
Advertised rents are around the $600 mark per week – giving a return of 1.84% based on the median price in Suburb
Property value increases in Malvern East have tracked just lower than the VIC average of 4.26% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Malvern East comes in at number 274th in VIC.
Property investors looking for a bargain in Malvern East should be aiming for at least -4.68% off the asking price, which is the average vendor discount being achieved at the moment.