Over the last year, property investments in Victoria Park, 6100 have given investors a capital gain of -7.55%. This compares badly with the -5.20% for WA as a whole.
Victoria Park,6100 has offered an average of -7.55% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Victoria Park 6100 should be seeing an average reduction in asking price of around -6.41% . This means that Victoria Park is holding prices well when compared to other suburbs in WA.
The WA suburb of Victoria Park, 6100 is in the Victoria Park local government area.
Victoria Park, 6100 ranked 28th 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
The five-year average increase in median property values for Victoria Park,6100 has given property investors a potential capital gain of 11.14% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Victoria Park, 6100. Typically our figures indicate that -9.02% is being offered, which puts this WA suburb at 99th most discounted overall in Australia.
Residents and property investors in Victoria Park have been waiting around 93.25 days to sell a property.
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