Property investors who have had real estate in Victoria Park, 6100 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.36%
Taking the average capital gain, or increase in median house value, Victoria Park,6100 has racked up an average of 2.36% over the period. This ranks it number 3528th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
WA has seen average median house prices change by -4.66% which means that Victoria Park, 6100 has not done well for property investors by showing a capital gain of 3.57% over the last year
Taking the average capital gain, or increase in median house value, Victoria Park,6100 has racked up an average of 3.57% over the period. This ranks it number 1495th in the whole country for real estate investors looking at median house price increases.
Victoria Park, 6100’s gross rental yield is 3.47%
Known as the eastern gateway to Perth’s CBD, Victoria Park offers an excellent location with some stunning riverside views.Full summary
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Known as the eastern gateway to Perth’s CBD, Victoria Park offers an excellent location with some stunning riverside views.
As three arterial roads intersect at the head of the suburb, located only 3km from the CBD, the word ‘accessible’ is a bit of an understatement.
The popularity of this suburb is clear, as houses only stay on the market for 26 days, one of the fastest selling rates in Perth.
Public transport in Victoria Park is also excellent: a number of bus routes pass through the suburb and a rail station is within walking distance.
Two shopping centres service the area and there are three schools, as well as cafes, restaurants, medical centres and Curtin University nearby.
Victoria Park’s median house price is a lot less expensive than neighbouring Burswood ($795,500) and Kensington ($892,000).
Three-bedroom homes ideal for families, on Mackie Street and Teague Street, can be bought for less than $580,000.
Selling points: Close to city & Swan River, restaurant & café precinct
Most sought after properties: Renovated & unrenovated character houses
Most common properties: Character houses & blocks of units
Top amenities: Swan River, restaurants & cafes, shops
Local industry and business: Restaurants, cafes, retail shops
Public transport: Buses & train station
Main arteries: Albany Hwy, Shepperton Rd, Canning Hwy, Kent StClose