Malvern East, 3145 ranked 522th in VIC when comparing growth in median property values or capital gain over the last 12 months. Malvern East is one of 2098 in our list for VIC
The five-year average increase in median property values for Malvern East,3145 has given property investors a potential capital gain of 83.76% 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 -9.10% . This means that Malvern East is holding prices well when compared to other suburbs in VIC.
At number 958 in a list of fastest selling suburbs, Malvern East is in the TOP 30% of suburbs in Australia with an average of days on market 53.12 for properties listed there.
Advertised rents are around the $600 mark per week – giving a return of 1.72% based on the median price in Suburb
At number 1240th in the list of Australian suburbs ordered by increase in median house value over the last year, Malvern East, 3145 is in the BOTTOM 30% with a property value increase of -1.26% recorded in median house prices.
A 27.19% growth in median value for property investors in Malvern East,3145 puts this suburb at number 145th in terms of best performing suburbs in VIC
Malvern East, 3145 is offering VIC ‘s 36th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
In the last year 168 properties changed hands in Malvern East, which puts it as the 45th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.97%, investors should hope to achieve an overall return of 3.37%