With a capital gain of 3.01% for the last 12 months, Altona North, 3025 has performed for property investments than its average annual 8.16% property growth over the last 5 years.
Altona North,3025 has offered an average of 3.01% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Altona North is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 519th in terms of most discounted suburbs in VIC
Residents and property investors in Altona North have been waiting around 106.44 days to sell a property.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Altona North is in the TOP 20% in VIC when comparing median price capital growth over the last year. Altona North gave property investors a very good capital gain figure when compared to the rest of the state, with 12.33%.
While Altona North,3025 ranked number 230th in VIC for increase in median house value (annualised) increase, it is ranked 89th over the last 5 years.
Altona North, 3025 is offering VIC ‘s 49th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
A $435 per week rent on the median house gives suburb investors a gross yield of circa 3.65%, without taking into account capital value appreciation, which has been averaging out at 9.53%.