East Victoria Park, 6101 ranked 146th in WA when comparing growth in median property values or capital gain over the last 12 months. East Victoria Park is one of 1662 in our list for WA
Taking the average capital gain, or increase in median house value, East Victoria Park,6101 has racked up an average of 14.97% over the period. This ranks it number 2193th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that East Victoria Park is offering property investors an average of -4.59. This rate of discount on properties puts Suburb at number 183th in terms of most discounted suburbs in WA
On average over the past year, suburb has had 17.67 sales per month, which equates to 212 per year.
Advertised rents are around the $435 mark per week – giving a return of 3.41% based on the median price in Suburb
East Victoria Park, 6101 ranked 49th in WA when comparing growth in median property values or capital gain over the last 12 months. East Victoria Park is one of 1662 in our list for WA
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 increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in East Victoria Park should be aiming for at least -4.85% off the asking price, which is the average vendor discount being achieved at the moment.
East Victoria Park is 111th on a list of best yielding suburbs for rents in WA with a 4.69% return