If you compare the increase in value of investment property in St Kilda East, 3183 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 8.39%.
St Kilda East,3183 has offered an average of 8.39% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 10.35%, investors should hope to achieve an overall return of 2.01%
Giving property investors a a poor capital gain of -6.87% for the last year, St Kilda East, 3183 is the 1479th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, St Kilda East has given property investors a paper return of -2.64%. This puts Suburb as 308 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in St Kilda East 3183 should be seeing an average reduction in asking price of around -4.68% . This means that St Kilda East is holding prices well when compared to other suburbs in VIC.
Situated 4.11km from the CBD, St Kilda East is one of Glen Eira localities in the postcode 3183.