Victoria Park, 6100 ranked 185th in WA when comparing growth in median property values or capital gain over the last 12 months. Victoria Park is one of 1662 in our list for WA
While Victoria Park,6100 ranked number 181th in WA for increase in median house value (annualised) increase, it is ranked 151th over the last 5 years.
Vendor discounting in Victoria Park is giving property investors an average Vendor Discount of around -7.22%. This puts suburb at number 229th in WA when ranking the most discounted suburbs.
Residents and property investors in Victoria Park have been waiting around 101.36 days to sell a property.
Giving property investors a an unimpressive capital gain of -1.33% for the last year, Victoria Park, 6100 is the 1231th highest performer in Australia in this respect.
Over the longer term, Victoria Park has seen property prices show investors a 7.63% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Victoria Park are currently offering property investors an average price cut of -9.14% below the asking price at the moment.
On average over the past year, suburb has had 8.75 sales per month, which equates to 105 per year.
Known as the eastern gateway to Perth’s CBD, Victoria Park offers an excellent location with some stunning riverside views.Full summary
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Known as the eastern gateway to Perth’s CBD, Victoria Park offers an excellent location with some stunning riverside views.
As three arterial roads intersect at the head of the suburb, located only 3km from the CBD, the word ‘accessible’ is a bit of an understatement.
The popularity of this suburb is clear, as houses only stay on the market for 26 days, one of the fastest selling rates in Perth.
Public transport in Victoria Park is also excellent: a number of bus routes pass through the suburb and a rail station is within walking distance.
Two shopping centres service the area and there are three schools, as well as cafes, restaurants, medical centres and Curtin University nearby.
Victoria Park’s median house price is a lot less expensive than neighbouring Burswood ($795,500) and Kensington ($892,000).
Three-bedroom homes ideal for families, on Mackie Street and Teague Street, can be bought for less than $580,000.
Selling points: Close to city & Swan River, restaurant & café precinct
Most sought after properties: Renovated & unrenovated character houses
Most common properties: Character houses & blocks of units
Top amenities: Swan River, restaurants & cafes, shops
Local industry and business: Restaurants, cafes, retail shops
Public transport: Buses & train station
Main arteries: Albany Hwy, Shepperton Rd, Canning Hwy, Kent StClose