Thinking about buying in Kew East? Now could not be a better time, with 3488 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,384,000 with prices in this suburb ranging from $518,000 to $14,200,000. Kew East is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Kew East Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Kew East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Kew East provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Kew East to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Kew East we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kew East a better buying opportunity than it may have been in the past.

Houses for sale Kew East

	unit 1, 65 westbrook st, kew east, vic, 3102	1	1		Private Sale $875,000
	unit 5, 65 westbrook st, kew east, vic, 3102	2	1	1	Private Sale $710,000
	73 strathalbyn st, kew east, vic, 3102	4	3	2	EOI $2,600,000 - $2,850,000
	unit 9, 696 high st, kew east, vic, 3102	2	1	1	Contact Agent
	12 meldrum st, kew east, vic, 3102	5	3	2	2350000

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General Points of Interest

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