Kew East has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.10% to date .
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 East3102 is located in VIC which offers an average discount of -6.34% to property investors. Kew East itself is showing figures that indicate -4.64% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Kew East the average time real estate has been on the market is 53.0588 days.
The VIC suburb of Kew East, 3102 is in the Boroondara (C) local government area.
If you compare the increase in value of investment property in Kew East, 3102 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.58%.
Over the longer term, Kew East has seen property prices show investors a 47.88% return over the last 3 years. This is worse than over the last 12 months
Often selling an investment property can take time, and in Kew East the average time real estate has been on the market is 45.6667 days.
Using the current median advertised rental of $475 and the average annual increase in value of a median property of 5.97%, investors should hope to achieve an overall return of 2.58%