At number 3409th in the list of Australian suburbs ordered by increase in median house value over the last year, Ivanhoe East, 3079 is in the BOTTOM 20% with a property value increase of -9.37% recorded in median house prices.
Comparing Ivanhoe East,3079 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 408th of VIC’s most discounted properties, Ivanhoe East is in the TOP 30% of the state/territory when listing in order of most discounted to least.
A $735 per week rent on the median house gives suburb investors a gross yield of circa 2.25%, without taking into account capital value appreciation, which has been averaging out at 6.90%.
Property value increases in Ivanhoe East have tracked lower than the VIC average of 2.76% over the last 12 months.
Over the longer term, Ivanhoe East has seen property prices show investors a -26.75% return over the last 3 years. This is an improvement over the last 12 months
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 12.03%, investors should hope to achieve an overall return of 3.75%