VIC/
Kew east

Suburb Profile

Kew East - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3102

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unit

A steady increase in median property prices over a five-year period in the suburb translates to a 42.04% capital gain.

Property investors in KEW EAST enjoyed capital gains of 5.25% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,860,750.

Profits due to an upward trend in home prices there averaged 14.01% per annum over a 3-year period.

Home owners selling their properties and realtors in KEW EAST usually have to wait an average of 46.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 2.1% increase in returns based on the current median price in KEW EAST.

KEW EAST, 3102 places 585th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,860,750 $1,205,000
GROWTH REPORT
Median Quarterly -1.02% 16.71%
Median 12 month 5.25% N/A
Median 3 years 42.04% 50.25%
Median 5 years 85.15% 92.8%
10 years average annual 7.66% 10.39%
Weekly media advert. rent $750 $450
Time on Market 46.2 days 0.0 days
Gross Rental Yield Percent 2.1% 1.94%
demographics (median values)
Total Population
6138
Weekly Household Income
1450
Household Size
2.70
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Kew East, VIC
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