Investment property in East Victoria Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.63%
Taking the average capital gain, or increase in median house value, East Victoria Park,6101 has racked up an average of 0.63% over the period. This ranks it number 3479th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in East Victoria Park itself are offering an average vendor discount of -6.81% to real estate investors.
The WA suburb of East Victoria Park, 6101 is in the Victoria Park local government area.
East Victoria Park is in the TOP 20% in WA when comparing median price capital growth over the last year. East Victoria Park gave property investors a very good capital gain figure when compared to the rest of the state, with 3.44%.
When looking at the potential capital gains offered to property investors over the last 3 years, East Victoria Park comes in at number 62th in WA.
Vendor discounting in East Victoria Park is giving property investors an average Vendor Discount of around -7.77%. This puts suburb at number 67th in WA when ranking the most discounted suburbs.
In the last year 38 properties changed hands in East Victoria Park, which puts it as the 49th most active market in WA when comparing the number of sales per suburb.
East Victoria Park, 6101’s gross rental yield is 4.17%