Investment property in Altona North has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.61%
While Altona North,3025 ranked number 139th in VIC for increase in median house value (annualised) increase, it is ranked 187th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Altona North, 3025. Typically our figures indicate that -4.77% is being offered, which puts this VIC suburb at 2716th most discounted overall in Australia.
Situated 10.16km from the CBD, Altona North is one of Hobsons Bay localities in the postcode 3025.
Giving property investors a an unimpressive capital gain of 0.96% for the last year, Altona North, 3025 is the 1065th highest performer in Australia in this respect.
Comparing Altona North,3025 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -11.56% to buyers in Altona North at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Altona North the average time real estate has been on the market is 99.02 days.