Property investors who have had real estate in Airport West, 3042 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.46%
Across a shorter period, Airport West, 3042 has seen a median price increase of 4.74% over the last quarter.
Our latest figures would indicate that property sellers in Airport West are currently offering property investors an average price cut of -2.66% below the asking price at the moment.
Airport West is 462th on a list of best yielding suburbs for rents in VIC with a 2.53% return
At number 550th in the list of Australian suburbs ordered by increase in median house value over the last year, Airport West, 3042 is in the top 40% with a property value increase of 9.12% recorded in median house prices.
Over the longer term, Airport West has seen property prices show investors a 19.68% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Airport West is offering property investors an average of -4.68. This rate of discount on properties puts Suburb at number 211th in terms of most discounted suburbs in VIC