VIC has seen average median house prices change by 2.87% which means that Doncaster East, 3109 has done well for property investors by showing a capital gain of 1.31% over the last year
If we look at median property appreciation over just the last three months, Doncaster East has given property investors a paper return of 1.69%. This puts Suburb as 322 on a list of fastest fasting appreciating suburbs in VIC
Doncaster East, 3109 is offering VIC ‘s 262th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Residents and property investors in Doncaster East have been waiting around 48.2566 days to sell a property.
Doncaster East, 3109’s gross rental yield is 2.38%
With a capital gain of 32.34% for the last 12 months, Doncaster East, 3109 has performed for property investments than its average annual 5.02% property growth over the last 5 years.
Over the longer term, Doncaster East has seen property prices show investors a 22.61% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -7.18% to buyers in Doncaster East at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 3.12%
Information supplied by:
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Doncaster East is a great suburb, perfect for people of all ages. Offering excellent schools, parks, shopping, easy access to the CBD plus a very quiet and safe place to live.
Close to schools, local shopping, Westfield Doncaster, family friendly.
Most sought-after properties:
Family homes in East Doncaster school zone or Doncaster Gardens Primary.
Most common properties:
1960’s/1970’s 3 bedroom, L shape lounge/dining.
East Doncaster Secondary College, Doncaster Gardens, Ruffey Lake Park.
Local industry and business:
Devon Plaza, The Pines, Jackson Court and Donburn shopping centres.
60km zone on Blackburn Road.
Deep Creek Drive, Milgate Estate.
Buses to city and train station.
Doncaster Road, Blackburn Road, Eastern Freeway, King Street, Georges Road.