Property value increases in Avenel have tracked lower than the VIC average of 8.96% over the last 12 months.
Over the longer term, Avenel has seen property prices show investors a -15.09% return over the last 3 years. This is an improvement over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Avenel itself are offering an average vendor discount of -8.67% to real estate investors.
In the last year 12 properties changed hands in Avenel, which puts it as the 691th most active market in VIC when comparing the number of sales per suburb.