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Kew East

Suburb Profile

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

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a -3.76% capital gain.

Property investors in KEW EAST enjoyed capital gains of 1.62% 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 $1,819,000.

Profits due to an downward trend in home prices there averaged -1.25% per annum over a 3-year period.

Home owners selling their properties and realtors in KEW EAST usually have to wait an average of 47.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $700 mark, reflecting a 2% increase in returns based on the current median price in KEW EAST.

KEW EAST, 3102 places 561st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,819,000 $754,499
GROWTH REPORT
Median Quarterly -0.76% -5.07%
Median 12 month 1.62% -21.3%
Median 3 years -3.76% 4.79%
Median 5 years 13.69% 15.19%
10 years average annual 5.67% 3.76%
Weekly media advert. rent $700 $485
Time on Market 47.0 days 65.2 days
Gross Rental Yield Percent 2% 3.34%
demographics (median values)
Total Population
6138
Weekly Household Income
1450
Household Size
2.70
demographics
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