At number 3084th in the list of Australian suburbs ordered by increase in median house value over the last year, Kew East, 3102 is in the BOTTOM 30% with a property value increase of -3.72% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kew East has increased when compared to the 5 year average annual rate.
Kew East, 3102 is offering VIC ‘s 23th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
With the median price for a house in Kew East being $1810000 and the advertised rent reaching $730 the gross rental yield for property investors calculates out to be 2.10%
If you compare the increase in value of investment property in Kew East, 3102 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.95%.
If we look at median property appreciation over just the last three months, Kew East has given property investors a paper return of -9.85%. This puts Suburb as 338 on a list of fastest fasting appreciating suburbs in VIC