East Victoria Park, Perth Inner-Ring Growth & Yield Engine
Inner-ring suburb around 5km south-east of the Perth CBD, sitting on the key Albany Highway corridor. East Victoria Park combines high-income residents, Curtin University rental demand and multimodal transport with a dual-market profile: houses around $1.05m delivering 27.9% annual growth, and units around $350k with ~6.1% gross yields and 13-day DOM.
Inner-ring location | Professional & student demand | Capital growth & strong yields in one postcode
Why East Victoria Park Outperforms
East Victoria Park is a classic inner-ring consolidation story. Detached houses around the $1.05m mark have surged 27.9% in 12 months, supported by high-income residents, multimodal transport and proximity to the Perth CBD. At the same time, the unit market around $350k delivers ~6.1% yields and hyper-tight 13-day DOM, giving investors immediate cashflow rather than just paper gains.
That combination is unusual: a mature, affluent inner-ring suburb generating both exceptional capital growth and strong yields. Houses capture long-term wealth in a supply-constrained market, while units and small infill projects give investors access to positive or near-positive cashflow in a location underpinned by Curtin University, professional tenants and scarce developable land.
Want inner-ring capital growth and serious income? East Victoria Park is one of Perth’s clearest “aggressive buy” opportunities—if you’re finance ready.
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Houses vs Units in East Victoria Park
Houses = capital engine; Units = cashflow and velocity engine
Houses
Inner-ring family homes and character dwellings within 5km of the CBD. Ideal for buyers wanting long-term capital preservation and growth in a suburb with strong incomes, high clearance rates and deep demand across cycles.
Performance Metrics
- 12-month growth: ~+27.9%
- Yield: ~5.1% gross
- Rent: ~+$1,030/week median (indicative)
- DOM: ~14 days
- Sales: strong, fast-clearing inner-ring stock
Best For
Owner-occupiers: Professionals and families wanting CBD proximity, inner-ring amenity and long-term capital growth.
Investors: Growth-focused strategies and land banking for future duplex/triplex or ancillary dwelling development under ToVP planning.
Units / Apartments
The suburb’s primary velocity and income play. Affordable entry, strong 6.1% yields and extremely tight DOM driven by Curtin University, young professionals and inner-city renters.
Performance Metrics
- Recent growth: strong double-digit gains off a low base
- Yield: ~6.1% gross
- Rent: ~+$410/week median (indicative)
- DOM: ~13 days
- Deep demand: Curtin students & CBD professionals
Best For
Investors: Cashflow-focused strategies needing high yields in a defensible inner-ring suburb.
Entry buyers: Professionals and first-home buyers who want East Vic Park lifestyle without $1m+ borrowings.
Market Insight: EVP sits between more expensive inner-ring peers (like South Perth and Como) and cheaper middle-ring suburbs. As those markets reprice, capital and residents are funnelling into East Victoria Park, driving both house growth and intense competition for affordable, high-yield unit stock.
East Victoria Park Property Metrics
Current verified statistics you need to know
House Median: ~$1.05m
Inner-ring detached homes and character stock in the Town of Victoria Park.
- Annual growth: ~+27.9%
- Strong owner-occupier & upgrader demand
- Yield: ~5.1% gross
- Auction clearance rate: ~77%
Units: ~$350k Median
Key cashflow and accessibility segment for investors.
- Yield: ~6.1% gross
- Rapid absorption: 13-day DOM
- Strong Curtin University & professional demand
- Attractive entry price vs $1m+ houses
Days on Market
One of Perth’s most liquid inner-ring markets.
- Houses: ~14 days
- Units: ~13 days
- Stock often gone after first home open
- Finance readiness is critical to compete
Rental Yields
Clear spread between growth (houses) and cashflow (units).
- Houses: ~5.1% yield
- Units: ~6.1% yield
- Rents supported by high incomes & Curtin demand
- Yield buffer helps offset rising rates
Supply & Planning
Constrained stock and strategic consolidation planning.
- Mix of character homes, duplexes & medium density
- Town of Victoria Park manages local rates & charges
- Typical waste & ESL charges apply
- Water Corporation usage & service charges separate
Stamp Duty Snapshot
Important for budgeting realistically.
- House @ $1.05m ≈ $45,590 duty (WA general rates)
- Unit @ $350k ≈ $10,750 duty
- Based on standard, non-concessional purchaser
- Duty is on top of deposit, fees & costs
Who Lives in East Victoria Park?
High-income professionals, students and small-household renters & owners
High-Serviceability Households
East Victoria Park’s median weekly household income of ~$1,343 confirms a financially strong resident base capable of supporting $1m+ house prices and higher interest rates without widespread distress.
- Affluent buyer base with strong borrowing capacity
- Lower risk of forced sales vs lower-income suburbs
- Supports both house and unit segments simultaneously
- Underpins high auction clearance rates (~77%)
Professional, High-Income Base
Around 23.4% of the local workforce is employed in professional occupations, creating a stable, high-earning demographic with relatively low unemployment volatility and strong appetite for quality housing and amenity.
- Strong serviceability for larger loans
- Sustains demand through different economic cycles
- Drives demand for higher-quality, low-maintenance dwellings
- Supports both premium retail and hospitality along Albany Highway
Smaller Households: ~2.1 People
An average household size of 2.1 people points to strong demand for duplexes, townhouses and units. Professionals, DINKs and downsizers value walkable amenity and low-maintenance living close to the CBD and Curtin University.
- Validates strong unit and duplex performance
- Supports infill and medium-density development
- Encourages “lock-and-leave” lifestyle products
- Fits well with Curtin University-linked rental demand
Inner-Ring, Transit-Rich
EVP leverages a dense road network (Shepperton Road, Albany Highway, Great Eastern Highway, Welshpool Road) plus the nearby Armadale Line at Carlisle Station to provide genuine multimodal access to the CBD and wider metro area.
- Approx. 5km from Perth CBD
- Road, rail and bus links diversify commute options
- Defensive against congestion on any single corridor
- Strong appeal for CBD, Curtin and industrial corridor workers
East Victoria Park’s Inner-City Advantage
5km CBD radius, multiple highways and rail access in one suburb
Albany Highway & Shepperton Road
East Vic Park sits on a major inner-south-east transport spine. Albany Highway and Shepperton Road provide direct road and bus connections into the Perth CBD and across the metro area.
Transit Benefits
- Short drive or bus trip to the CBD
- Regular bus services along Albany Highway
- Direct access to inner-city and fringe employment hubs
- Links to Great Eastern Highway & Welshpool Road for east–west access
Investor Note: Multiple arterial routes reduce reliance on a single corridor and support rentability for both houses and units.
Carlisle Station Access
The nearby Carlisle Station on the Armadale Line provides a fast rail option into the CBD and beyond, complementing EVP’s already strong road and bus network.
Rail Highlights
- Direct trains to Perth CBD on the Armadale Line
- Regular peak and off-peak frequencies
- Rail alternative as road congestion increases over time
- Attractive to CBD commuters and Curtin-linked tenants
Commuter Choice: Residents can choose between car, bus and rail—key for long-term liveability and tenant appeal.
Albany Highway Strip & Park Centre
EVP’s lifestyle is anchored by The Park Centre and the Albany Highway café and restaurant strip. Together they provide everyday shopping, services and a strong hospitality scene.
Key Amenities
- Cafés, bars and restaurants along Albany Highway
- The Park Centre as the main retail hub
- Easy access to larger regional centres and the CBD
- Amenity mix tailored to professionals & students
Lifestyle: This is a genuine inner-city village environment, not a generic outer-suburban estate—one of the core reasons demand remains intense.
Parks, Aqua Life Centre & Recreation
East Victoria Park benefits from local parks, sporting facilities and the Aqua Life Centre, which adds significant lifestyle value for families, professionals and students alike.
Key Features
- Local ovals and sporting grounds
- Aqua Life Centre for aquatic and fitness facilities
- Family-friendly playgrounds and open spaces
- Walkable urban environment with nearby amenities
Owner-Occupier Appeal: Amenity-rich, inner-ring living supports long tenure and rising willingness to pay for quality homes.
Education & Curtin University Link
Local schools plus a major university underpin demand and yields
Primary & Local Schooling
Curtin University Proximity
Education & Health Ecosystem
Education & Catchment Reality Check
CRITICAL: School zones, Curtin University demand and health infrastructure all feed into EVP’s values. Always verify current catchment boundaries and transport options before basing a purchase strategy on specific schools or commute assumptions.
East Victoria Park vs Inner-Ring Peers
How EVP stacks up against nearby and comparable suburbs
East Victoria Park: ~$1.05m
Inner-ring growth & yield hybrid
- Houses: ~27.9% capital growth
- Units: ~6.1% yield & 13-day DOM
- High incomes (~$1,343/wk) & professional base
- Entry price higher than middle-ring options
- Very tight stock makes buying highly competitive
South Perth & Como
Prestige riverside comparators
- Blue-chip, established inner-ring reputation
- Strong long-term capital growth history
- Typically higher buy-in than EVP for comparable dwellings
- Yields often lower than EVP’s 6.1% unit returns
- Not as tightly integrated with Curtin University demand
Victoria Park (Adjacent)
Neighbouring mixed-use corridor
- Shares Albany Highway amenity and inner-ring position
- Strong blend of residential and commercial stock
- Less focused on duplex/medium-density infill sweet spots
- EVP’s current 27.9% growth outpaces many peers
- Some pockets more exposed to traffic and noise
Bentley / Carlisle & Surrounds
Cheaper, student-heavy peers
- Generally lower entry prices than EVP
- Strong student and rental demand in selected pockets
- Less affluent household base on average
- Not all areas share EVP’s amenity and consolidation profile
- Weaker overall “lifestyle premium” vs East Victoria Park
The Verdict: East Victoria Park stands out as a dual engine—delivering inner-ring capital growth similar to prestige suburbs while also offering unit yields (~6.1%) that many peers can’t match. For many buyers and investors, it’s the sweet spot between price, performance and cashflow.
Can You Afford East Victoria Park?
Calculate repayments for houses (~$1.05m) or high-yield units (~$350,000)
Who Should Buy in East Victoria Park?
Inner-ring growth, yield, and infill opportunities in one suburb
Growth-Focused House Investors
If your priority is long-term capital appreciation, EVP’s houses offer inner-ring growth at scale: a 27.9% annual uplift off a ~$1.05m median, anchored by high incomes, tight supply and true 5km CBD proximity.
Yield & Cashflow Investors
The unit market is tailor-made for investors needing strong income. ~6.1% yields on ~$350k assets, 13-day DOM and Curtin-linked demand create a rare combination of cashflow and inner-ring security.
Owner-Occupiers & Upgraders
Professional couples and smaller families looking to step up from middle-ring suburbs are drawn to EVP. You gain inner-ring amenity, strong incomes and great connectivity while still sitting under the price tags of some prestige riverfront suburbs.
Value-Add & Infill Strategists
With deliberate consolidation under the Town of Victoria Park, older single-dwelling blocks—particularly near Albany Highway and transport—offer scope for duplex/triplex redevelopment or higher-yielding configurations while still leveraging inner-ring land value.
East Victoria Park Buyer FAQs
Key questions serious EVP buyers should be asking
Should I buy a house or unit in East Victoria Park?
It depends on your goal. Houses (around $1.05m) suit buyers chasing inner-ring capital growth, land value and long-term security. Units (~$350k) suit buyers and investors who want ~6.1% yields and strong demand backed by Curtin University and professionals. If a $1m house would leave you stretched, a well-located EVP unit is often the smarter strategic entry.
How is EVP delivering both 27.9% growth and high yields?
In many markets, rapid price growth crushes yields because rents don’t keep up. In EVP, demand from high-income households and Curtin University has driven rents up alongside prices. Houses are still yielding ~5.1%, while units sit around ~6.1%. That tells you growth is underpinned by genuine scarcity and rising incomes, not just speculative buying.
Is East Victoria Park overvalued after 27.9% house growth?
The 27.9% figure is exceptional and unlikely to repeat every year, but it largely represents a re-rating of EVP’s status as a true inner-ring suburb. With high household incomes (~$1,343/wk), strong employment access and severe housing undersupply, it’s more accurate to think of EVP as having corrected from under-valued to fairly valued in line with its fundamentals.
What yields can I actually expect in East Victoria Park?
For houses, the indicative gross yield is around 5.1% based on current prices and rents. For units, yields are closer to ~6.1%. The exact figure will depend on the property type, condition and micro-location, but EVP’s yield profile is strong for an inner-ring, 5km-from-CBD suburb.
How much stamp duty will I pay on an EVP property?
On a median house around $1.05m, WA general rates imply stamp duty of roughly $45,590 (plus settlement and other costs). On a unit around $350k, duty is closer to ~$10,750. We can model your full cost position—including duty, LMI (if applicable), fees and buffers—before you start making offers.
Are there good infill or development opportunities?
Yes. EVP already has a mix of single dwellings, duplexes and multi-unit sites. The Town of Victoria Park has a clear track record of supporting strategic urban consolidation near Albany Highway, Park Centre and transport hubs. Older houses on larger blocks in these locations can offer attractive duplex/triplex or value-add potential—subject to planning advice.
How competitive is the East Victoria Park market right now?
Very. Houses are turning over in ~14 days and units in ~13 days. That’s effectively “first home open or gone” for well-presented stock. Multiple offers and strong auction clearance rates (~77%) are common. Turning up without pre-approval is effectively giving other buyers a free head start.
What are the key risks when investing in EVP?
The main risks are growth normalization after such strong recent gains, and long-term traffic congestion on major roads. Both can be mitigated by focusing on properties with strong existing yields (5.1–6.1%), and by targeting locations with good rail and bus access so commuting remains efficient even as road traffic increases.
Have specific questions about buying or investing in East Victoria Park?
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East Vic Park properties are moving in days, not weeks—especially well-priced houses and quality units near Albany Highway and Curtin University. We specialise in Perth’s inner-south-east corridor and can help you structure your finance for both growth and cashflow.
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Helpful Tools & Guides
Everything you need for a successful EVP purchase
Public Transport Services
View Albany Highway bus routes and nearby rail timetables.
View TimetablesInner-South-East Corridor Guide
East Victoria Park vs Victoria Park vs Carlisle & surrounds.
Download GuideCurrent East Victoria Park Listings
See what’s currently for sale in EVP—houses and units.
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