VIC has seen average median house prices change by 8.06% which means that Altona North, 3025 has done well for property investors by showing a capital gain of 12.17% over the last year
Altona North,3025 was ranked 1728 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Altona North is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 268th in terms of most discounted suburbs in VIC
Situated 10.02km from the CBD, Altona North is one of Hobsons Bay localities in the postcode 3025.
With a capital gain of -0.69% for the last 12 months, Altona North, 3025 has performed for property investments than its average annual 8.88% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Altona North has given property investors a paper return of 0.48%. This puts Suburb as 171 on a list of fastest fasting appreciating suburbs in VIC
Altona North3025 is located in VIC which offers an average discount of -5.12% to property investors. Altona North itself is showing figures that indicate -6.41% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $350 mark per week – giving a return of 3.39% based on the median price in Suburb