Over the last year, property investments in Avondale Heights, 3034 have given investors a capital gain of 13.11%. This compares favourably with the 8.13% for VIC as a whole.
Avondale Heights,3034 has offered an average of 13.11% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -5.08% to buyers in Avondale Heights at the moment, which is less than average for the rest of VIC.
In the last year 141 properties changed hands in Avondale Heights, which puts it as the 179th most active market in VIC when comparing the number of sales per suburb.
At number 1446th in the list of Australian suburbs ordered by increase in median house value over the last year, Avondale Heights, 3034 is in the BOTTOM 20% with a property value increase of -5.71% recorded in median house prices.
A -9.83% growth in median value for property investors in Avondale Heights,3034 puts this suburb at number 59th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -2.60% to buyers in Avondale Heights at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Avondale Heights the average time real estate has been on the market is 60.91 days.
A $365 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 5.52%.