With a capital gain of -5.08% for the last 12 months, East Victoria Park, 6101 has performed for property investments than its average annual 1.46% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Victoria Park has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that East Victoria Park is offering property investors an average of -8.09. This rate of discount on properties puts Suburb at number 230th in terms of most discounted suburbs in WA
In the last year 154 properties changed hands in East Victoria Park, which puts it as the 35th most active market in WA when comparing the number of sales per suburb.
East Victoria Park, 6101’s gross rental yield is 3.08%
Property investors who have had real estate in East Victoria Park, 6101 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 decrease in value by -4.49%
Taking the average capital gain, or increase in median house value, East Victoria Park,6101 has racked up an average of -4.49% over the period. This ranks it number 1590th in the whole country for real estate investors looking at median house price increases.
East Victoria Park, 6101 is offering WA ‘s 8th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this WA.
At number 1359 in a list of fastest selling suburbs, East Victoria Park is in the bottom 10% of suburbs in Australia with an average of days on market 119.26 for properties listed there.
The WA suburb of East Victoria Park, 6101 is in the Victoria Park local government area.