Avondale Heights has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 20.06% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Avondale Heights comes in at number 92th in VIC.
Sellers are offering property buyers an average discount of -6.33% to buyers in Avondale Heights at the moment, which is less than average for the rest of VIC.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 2.53%, without taking into account capital value appreciation, which has been averaging out at 9.73%.
Avondale Heights, 3034 ranked 65th in VIC when comparing growth in median property values or capital gain over the last 12 months. Avondale Heights is one of 2098 in our list for VIC
Avondale Heights,3034 has offered an average of 12.36% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Avondale Heights should be aiming for at least -3.85% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Avondale Heights, 3034 is in the Moonee Valley local government area.