VIC has seen average median house prices change by -1.79% which means that Malvern East, 3145 has not done well for property investors by showing a capital gain of 0.72% over the last year
Malvern East,3145 has offered an average of 0.72% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Malvern East is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 33th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $33800 per annum or $650 every week.
Malvern East has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of -1.73% to date .
While Malvern East,3145 ranked number 231th in VIC for increase in median house value (annualised) increase, it is ranked 166th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.31% offered to property buyers. Sellers in Malvern East itself are offering an average vendor discount of -6.56% to real estate investors.
Malvern East is 295th on a list of best yielding suburbs for rents in VIC with a 3.50% return