Giving property investors a a solid capital gain of 14.42% for the last year, Altona North, 3025 is the 672th highest performer in Australia in this respect.
Over the longer term, Altona North has seen property prices show investors a 44.23% return over the last 3 years. This is worse than over the last 12 months
Altona North, 3025 is offering VIC ‘s 374th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
With the median price for a house in Altona North being $750000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.77%
Investment property in Altona North has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.97%
Altona North,3025 has offered an average of 0.97% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Altona North are currently offering property investors an average price cut of -6.34% below the asking price at the moment.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
The VIC suburb of Altona North, 3025 is in the Hobsons Bay local government area.