Property value increases in East Victoria Park have tracked just higher than the WA average of -4.98% over the last 12 months.
East Victoria Park,6101 was ranked 2453 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in East Victoria Park are currently offering property investors an average price cut of -7.45% below the asking price at the moment.
In the last year 138 properties changed hands in East Victoria Park, which puts it as the 58th most active market in WA when comparing the number of sales per suburb.
Advertised rents are around the $395 mark per week – giving a return of 3.22% based on the median price in Suburb
Giving property investors a a poor capital gain of -12.89% for the last year, East Victoria Park, 6101 is the 1612th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, East Victoria Park comes in at number 74th in WA.
Property buyers and investors in East Victoria Park 6101 should be seeing an average reduction in asking price of around -9.33% . This means that East Victoria Park is holding prices well when compared to other suburbs in WA.
Often selling an investment property can take time, and in East Victoria Park the average time real estate has been on the market is 91.5 days.
East Victoria Park, 6101’s gross rental yield is 4.64%