At number 499th in the list of Australian suburbs ordered by increase in median house value over the last year, Airport West, 3042 is in the top 20% with a property value increase of 16.46% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Airport West,3042 has racked up an average of 16.46% over the period. This ranks it number 931th in the whole country for real estate investors looking at median house price increases.
Airport West3042 is located in VIC which offers an average discount of -5.87% to property investors. Airport West itself is showing figures that indicate -3.17% is the average achievable by property buyers investing in the suburb.
Situated 11.61km from the CBD, Airport West is one of Moonee Valley localities in the postcode 3042.
VIC has seen average median house prices change by 4.26% which means that Airport West, 3042 has done well for property investors by showing a capital gain of 9.86% over the last year
Over the longer term, Airport West has seen property prices show investors a 14.39% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Airport West, 3042. Typically our figures indicate that -2.36% is being offered, which puts this VIC suburb at 1411th most discounted overall in Australia.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.