With a capital gain of 6.25% for the last 12 months, Altona North, 3025 has performed for property investments than its average annual 7.89% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Altona North comes in at number 211th in VIC.
The most recent median price for Altona North is $850000, with sellers offering an average of -5.09% off the asking price.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 7.89%, investors should hope to achieve an overall return of 2.63%
Investment property in Altona North 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 8.45%
Altona North,3025 has offered an average of 8.45% return per annum in house price rises to property investors over the last three years.
The most recent median price for Altona North is $629000, with sellers offering an average of -7.27% off the asking price.
Often selling an investment property can take time, and in Altona North the average time real estate has been on the market is 95.22 days.
Property investors should expect to get $400 weekly from the median priced house in this suburb.