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East Victoria Park suburb profile

East Victoria Park is an inner-south Perth suburb centred on the commercial strip of Albany Highway, with cafes, small shops and takeaways clustered along the road. It sits near the Swan River and a chain of riverside parks, and retains a mix of tree-lined streets and busy retail corners.

Residential character ranges from weatherboard cottages and postwar brick homes to newer infill townhouses and low-rise apartments, producing a varied streetscape. The suburb is well connected by major roads and regular buses, with the Perth Stadium precinct and the central city within easy commuting range.

East Victoria Park property market performance

Current median dwelling price$974,250Past 3 months

Property growth+25.2%Past 12 months

East Victoria Park's median house price is $1.225 million, having risen strongly by 18.0% over the last 12 months. The median unit price is $723,500, with values up steeply by 32.4% over the same period. Unit values grew faster than house values, though that large unit rise is built on only 10 sales over the last 3 months. Units had a median days on market of 9 and so sold more quickly than houses.

In East Victoria Park, unit rents rose 8.3% over the last 12 months, trailing the much larger rise in unit values.

HousesUnits
Median price
Past 3 months
$1.23M$724K
Change in value
Past 12 months
18.0%32.4%
Sold
Past 3 months
3210
Median days on market
Past 12 months
139
Average rent
Past 12 months
$795$650
Change in rent
Past 12 months
6.0%8.3%

5 year median price trend for houses and units

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East Victoria Park demographics

East Victoria Park is a community where 41.5% of homes are rented, but most homes are owner-occupied.

Couples without children are the largest family group, at 43.5%. At the 2021 Census, 10,569 people lived in East Victoria Park.

East Victoria Park and Western Australia
SuburbWA
Median age
years
3538
Median household income
weekly
$2,100$1,815
Couples with children
share of families
41.1%44.6%
Couples without children
share of families
43.5%38.8%
One-parent families
share of families
12.3%15.1%
Homes owned outright
share of homes
22.2%30.2%
Homes with a mortgage
share of homes
36.4%41.4%
Homes rented
share of homes
41.5%28.3%
Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

East Victoria Park infrastructure, key developments and investment opportunities

East Victoria Park: the METRONET Victoria Park-Canning Level Crossing Removal Project rebuilt Carlisle and Oats Street stations as elevated stations, with the new elevated rail in operation in 2025. The suburb is also the focus of the Town’s Macmillan Precinct Masterplan, whose concept plan is finalised and whose detailed masterplanning commenced in 2021, proposing a consolidated community hub with an expanded library and enhancements to John Macmillan Park.

The Town began Oats Street Station precinct structure planning in November 2023 and in May 2024 endorsed a preferred growth scenario that retains Aqualife and the TAFE while identifying mixed-use and higher-density development near the station. Higgins Park and Playfield Reserve has an endorsed masterplan and the Town allocated $650,000 in its 2022/23 budget for lighting upgrades with implementation scheduled for 2023–24.

Suburbs near East Victoria Park

Some popular suburbs near East Victoria Park include:

How does East Victoria Park compare to nearby suburbs?

  • Median house prices: East Victoria Park’s median house price is 11.4% higher than Victoria Park’s.
  • Median unit prices: East Victoria Park’s median unit price is 19.6% higher than Victoria Park’s.
  • House price growth: Over the past 12 months, house prices in East Victoria Park have grown 0.9% higher than in Kensington.
  • Unit price growth: Over the past 12 months, unit prices in East Victoria Park have grown 3.0% higher than in Victoria Park.
  • Selling speed for houses: Properties in East Victoria Park are selling 13.3% faster than in Kensington.
  • Selling speed for units: Properties in nearby Lathlain are selling 22.2% faster than in East Victoria Park.
  • Investment considerations: In East Victoria Park, the rental yield for house is 2.4% higher than the Perth average, while the rental yield for units is 3.1% lower.
  • House price growth: Over the past 12 months, house prices in East Victoria Park have grown 8.7% higher than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in East Victoria Park have grown 2.6% higher than the average rate of growth for units across Perth.

Common questions about East Victoria Park

  • Is East Victoria Park a nice place to live?

    East Victoria Park centres on the Albany Highway shopping strip, lies near the Swan River and riverside parks, and contains cottages, townhouses and low-rise apartments.

    The community includes a mix of owner-occupiers and renters, with 41.5% of homes rented, and couples without children form the largest family group. Everyday amenity is focused along Albany Highway with cafes, small shops and takeaways, and major roads and regular buses link the suburb to the Perth Stadium precinct and the central city. The Town’s Macmillan Precinct Masterplan has a concept plan finalised and detailed masterplanning has commenced, proposing a consolidated community hub with an expanded library and enhancements to John Macmillan Park.

    Down Pointer
  • Is it expensive to live in East Victoria Park?

    Buying and renting in East Victoria Park sit quite differently against local incomes. A typical local household earned about $2,100 a week at the last Census. A median house priced at $1,225,000 works out to about 11.2 times a typical local annual household income, while a median unit at $723,500 is about 6.6 times that annual income. On these figures, buying sits well above what a typical local household earned at the last Census, especially for houses.

    For renters, house rent of $795 a week would take about 38% of a typical local household's weekly income and unit rent of $650 a week about 31%. Both are a sizeable share of income, with house rents taking the larger share. If you're renting rather than buying, those rent shares are the most relevant measure for how stretched local incomes are.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

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  • Is East Victoria Park a good place to invest?

    The most striking movement in East Victoria Park over the past 12 months is in unit values, which jumped 32.4%. House values also rose strongly, up 18.0% in the same period. On the income side, house rents rose a solid 6.0% while unit rents increased 8.3%. Put together, capital growth outpaced rental income for both houses and units during that period.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in East Victoria Park

Choosing the right real estate agent in East Victoria Park can have a big impact on your sale. While there are 89 real estate agents working in the suburb, but just 5 of them were responsible for 33.3% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 2.93%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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