AREA REPORTS

East Victoria Park

Suburb Profile

East Victoria Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6101

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $622,000.

The downward trend in home prices in EAST VICTORIA PARK, 6101 averaged -1.44% per annum over a 3-year period.

Average weekly rents on listings have reached the $350 mark, reflecting a 2.93% increase in returns based on the current median price in EAST VICTORIA PARK.

An average of 12.42 real estate transactions take place per month in EAST VICTORIA PARK which translates to 149 per annum.

149 properties were sold in EAST VICTORIA PARK in 2016, making it the 339th most active market in WA based on total real estate transactions.

EAST VICTORIA PARK, 6101 places 148th 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 $622,000 $377,000
GROWTH REPORT
Median Quarterly 0.32% 0.53%
Median 12 month -2.81% -5.87%
Median 3 years -4.31% -17.32%
Median 5 years 0.48% -16.22%
10 years average annual 1.7% 0.39%
Weekly media advert. rent $350 $300
Time on Market 81.7 days 113.9 days
Gross Rental Yield Percent 2.93% 4.14%
demographics (median values)
Total Population
8098
Weekly Household Income
1031
Household Size
2.20
demographics
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