Property investors who have had real estate in Doncaster East, 3109 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.85%
Doncaster East,3109 has offered an average of -12.85% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -9.13% to buyers in Doncaster East at the moment, which is less than average for the rest of VIC.
At number 753 in a list of fastest selling suburbs, Doncaster East is in the TOP 30% of suburbs in Australia with an average of days on market 57.9053 for properties listed there.
With the median price for a house in Doncaster East being $1138000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 2.51%
Doncaster East is in the TOP 20% in VIC when comparing median price capital growth over the last year. Doncaster East gave property investors a very good capital gain figure when compared to the rest of the state, with 8.96%.
Comparing Doncaster East,3109 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Doncaster East is $675000, with sellers offering an average of -7.43% off the asking price.
On average over the past year, suburb has had 11.33 sales per month, which equates to 136 per year.
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0413 957 365
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.