With a capital gain of 12.18% for the last 12 months, Airport West, 3042 has performed for property investments than its average annual 8.29% property growth over the last 5 years.
Airport West,3042 has offered an average of 12.18% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Airport West 3042 should be seeing an average reduction in asking price of around -4.56% . This means that Airport West is holding prices well when compared to other suburbs in VIC.
The VIC suburb of Airport West, 3042 is in the Moonee Valley local government area.
Giving property investors a a stable capital gain of 10.00% for the last year, Airport West, 3042 is the 433th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Airport West has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.27% offered to property buyers. Sellers in Airport West itself are offering an average vendor discount of -1.67% to real estate investors.
In the last year 51 properties changed hands in Airport West, which puts it as the 180th most active market in VIC when comparing the number of sales per suburb.
Airport West, 3042’s gross rental yield is 3.78%