Find Your Place to Invest in East Vic Park
Located within the Town of Victoria Park, just six minutes from the Perth CBD, East Victoria Park is an established inner-urban suburb with a vibrant community and excellent connectivity. Although predominantly a residential area, at its heart is the ‘strip’ – a walkable retail and dining district that provides a bustling urban environment for residents and visitors.
Away from the strip, peace and quiet can be found in a number of tranquil parks and natural bushland. East Vic Park is home to shopping centres and recreational centres and is well serviced by public transport. Its desirability is enhanced by its proximity to good schools and tertiary campuses, including Curtin University, just minutes away.
Perth: A Snapshot
Ranked sixth in the 2021 Global Livability Index, Perth is renowned for its beautiful beaches, expansive green open spaces, ideal climate and laidback lifestyle. The city is a cultural melting pot with a focus on education and innovation, combined with a refreshing mix of artistic endeavour. Operating in the same time zones as Hong Kong, Shanghai and Singapore, Perth is only a direct flight from a number of major cities throughout Asia.
East Victoria Park has a high proportion of working professionals, with the location and the amenities being key drivers. The suburb offers a good work/life balance, with recreational amenities, parklands, the river and city all easily accessible. Couples without children make up 45.4% of households, with 53% of residents aged 25-49. The proximity to good schools is also appealing, with 31.8% of households being families with children. Single houses make up over 65% of property types, although there is a growing trend for higher density living.
Perth Residential Market
In the last Perth boom, prices almost tripled in value within 6 years. Values have trended sideways for 14 years, before experiencing a change in momentum with growth of 15.5% in the housing market and 13.1% in the apartment market over the 12 months to Jan ‘22. As a result of its long term plateau, Perth now has the most affordable housing market in the country.