Over the last year, property investments in St Kilda East, 3183 have given investors a capital gain of -6.59%. This compares badly with the -1.79% for VIC as a whole.
If we look at median property appreciation over just the last three months, St Kilda East has given property investors a paper return of 3.03%. This puts Suburb as 96 on a list of fastest fasting appreciating suburbs in VIC
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in St Kilda East itself are offering an average vendor discount of -5.80% to real estate investors.
Using the current median advertised rental of $720 and the average annual increase in value of a median property of 5.75%, investors should hope to achieve an overall return of 2.94%
Investment property in St Kilda East has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
The five-year average increase in median property values for St Kilda East,3183 has given property investors a potential capital gain of 11.11% across each of those five years.
St Kilda East3183 is located in VIC which offers an average discount of -6.31% to property investors. St Kilda East itself is showing figures that indicate -6.81% is the average achievable by property buyers investing in the suburb.
Residents and property investors in St Kilda East have been waiting around 56.4 days to sell a property.
St Kilda East, 3183’s gross rental yield is 3.92%