Airport West, 3042 ranked 233th in VIC when comparing growth in median property values or capital gain over the last 12 months. Airport West is one of 2098 in our list for VIC
Airport West,3042 was ranked 1153 in Australia by increase in median property value over the quarter.
Vendor discounting in Airport West is giving property investors an average Vendor Discount of around -4.39%. This puts suburb at number 467th in VIC when ranking the most discounted suburbs.
In the last year 120 properties changed hands in Airport West, which puts it as the 212th most active market in VIC when comparing the number of sales per suburb.
Situated 12.23km from the CBD, Airport West is one of Moonee Valley localities in the postcode 3042.
Investment property in Airport West has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.68%
While Airport West,3042 ranked number 114th in VIC for increase in median house value (annualised) increase, it is ranked 155th over the last 5 years.
At number 315th of VIC’s most discounted properties, Airport West is in the TOP 10% of the state/territory when listing in order of most discounted to least.
In the last year 59 properties changed hands in Airport West, which puts it as the 158th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 5.80%, investors should hope to achieve an overall return of 3.67%