If you compare the increase in value of investment property in Airport West, 3042 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 15.20%.
Taking the average capital gain, or increase in median house value, Airport West,3042 has racked up an average of 15.20% over the period. This ranks it number 892th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.96% to buyers in Airport West at the moment, which is less than average for the rest of VIC.
Residents and property investors in Airport West have been waiting around 92.02 days to sell a property.
With the median price for a house in Airport West being $720000 and the advertised rent reaching $377.5 the gross rental yield for property investors calculates out to be 2.73%
At number 436th in the list of Australian suburbs ordered by increase in median house value over the last year, Airport West, 3042 is in the top 30% with a property value increase of 9.21% recorded in median house prices.
Airport West,3042 was ranked 934 in Australia by increase in median property value over the quarter.
Airport West3042 is located in VIC which offers an average discount of -5.14% to property investors. Airport West itself is showing figures that indicate -1.41% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Airport West being $510000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.67%