Property value increases in Malvern East have tracked lower than the VIC average of 8.62% over the last 12 months.
The five-year average increase in median property values for Malvern East,3145 has given property investors a potential capital gain of 69.75% across each of those five years.
Property buyers and investors in Malvern East 3145 should be seeing an average reduction in asking price of around -8.15% . This means that Malvern East is holding prices well when compared to other suburbs in VIC.
In the last year 196 properties changed hands in Malvern East, which puts it as the 107th most active market in VIC when comparing the number of sales per suburb.
A $610 per week rent on the median house gives suburb investors a gross yield of circa 1.78%, without taking into account capital value appreciation, which has been averaging out at 6.69%.
Over the last year, property investments in Malvern East, 3145 have given investors a capital gain of 14.04%. This compares favourably with the 7.50% for VIC as a whole.
A 42.08% growth in median value for property investors in Malvern East,3145 puts this suburb at number 43th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Malvern East are currently offering property investors an average price cut of -6.21% below the asking price at the moment.
Often selling an investment property can take time, and in Malvern East the average time real estate has been on the market is 63.27 days.
Advertised rents are around the $390 mark per week – giving a return of 3.12% based on the median price in Suburb