Investment property in Kew East 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 -4.94%
Over the longer term, Kew East has seen property prices show investors a 3.73% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Kew East 3102 should be seeing an average reduction in asking price of around -7.15% . This means that Kew East is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $730 mark per week – giving a return of 2.13% based on the median price in Suburb
Property investors who have had real estate in Kew East, 3102 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.14%
The five-year average increase in median property values for Kew East,3102 has given property investors a potential capital gain of 22.67% across each of those five years.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.