Property investors who have had real estate in East Victoria Park, 6101 should be pleased 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 33.58%
Comparing East Victoria Park,6101 ‘s 5year and quarterly average capital gain offered to property investors, it performed the same across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in East Victoria Park, 6101. Typically our figures indicate that 0.00% is being offered, which puts this WA suburb at 2335th most discounted overall in Australia.
On average over the past year, suburb has had 17.67 sales per month, which equates to 212 per year.
East Victoria Park is an average performer in WA when comparing median price capital growth over the last year. East Victoria Park gave property investors a average capital gain figure when compared to the rest of the state, with 0.00%.
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 stayed pretty constant when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of 0.00% to buyers in East Victoria Park at the moment, which is less than average for the rest of WA.
In the last year 63 properties changed hands in East Victoria Park, which puts it as the 47th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $682.5 and the average annual increase in value of a median property of 33.93%, investors should hope to achieve an overall return of 8.45%