Giving property investors a a stable capital gain of 13.27% for the last year, Altona, 3018 is the 928th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Altona has given property investors a paper return of 5.51%. This puts Suburb as 146 on a list of fastest fasting appreciating suburbs in VIC
At number 465th of VIC’s most discounted properties, Altona is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 9.10%, investors should hope to achieve an overall return of 2.50%
Altona is in the bottom 40% in VIC when comparing median price capital growth over the last year. Altona gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.75%.
Altona,3018 has offered an average of 1.75% return per annum in house price rises to property investors over the last three years.
Altona, 3018 is offering VIC ‘s 236th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Often selling an investment property can take time, and in Altona the average time real estate has been on the market is 100.05 days.
Advertised rents are around the $350 mark per week – giving a return of 3.14% based on the median price in Suburb