Doncaster East is an average performer in VIC when comparing median price capital growth over the last year. Doncaster East gave property investors a average capital gain figure when compared to the rest of the state, with 10.34%.
While Doncaster East,3109 ranked number 479th in VIC for increase in median house value (annualised) increase, it is ranked 19th over the last 5 years.
Doncaster East3109 is located in VIC which offers an average discount of -5.04% to property investors. Doncaster East itself is showing figures that indicate -7.26% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $6120 per annum or $510 every week.
If you compare the increase in value of investment property in Doncaster East, 3109 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.04%.
A 32.97% growth in median value for property investors in Doncaster East,3109 puts this suburb at number 97th in terms of best performing suburbs in VIC
Property buyers and investors in Doncaster East 3109 should be seeing an average reduction in asking price of around -5.01% . This means that Doncaster East is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Doncaster East have been waiting around 83.94 days to sell a property.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.92%, investors should hope to achieve an overall return of 3.14%
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. Full summary
Information supplied by:
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.