Laverton has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 27.27% to date .
While Laverton,3028 ranked number 346th in VIC for increase in median house value (annualised) increase, it is ranked 621th over the last 5 years.
The most recent median price for Laverton is $590000, with sellers offering an average of -3.97% off the asking price.
Residents and property investors in Laverton have been waiting around 71.375 days to sell a property.
Situated 17.44km from the CBD, Laverton is one of Hobsons Bay (C) localities in the postcode 3028.
VIC has seen average median house prices change by 22.48% which means that Laverton, 3028 has done well for property investors by showing a capital gain of 11.95% over the last year
While Laverton,3028 ranked number 202th in VIC for increase in median house value (annualised) increase, it is ranked 353th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Laverton, 3028. Typically our figures indicate that -3.44% is being offered, which puts this VIC suburb at 686th most discounted overall in Australia.
Residents and property investors in Laverton have been waiting around 76.2121 days to sell a property.
Situated 17.58km from the CBD, Laverton is one of Hobsons Bay (C) localities in the postcode 3028.
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Laverton, VIC – Sharp drop in vacancies
Postcode: 3028
Median house price: $535,000
Vacancy rate: 2.3%
Three-year growth: 6.6%
A part of both the Hobsons Bay and Wyndham LGAs, the small suburb of Laverton is known for its cultural diversity, which has helped attract a population of young working professionals. In the year to November 2019, the average vacancy rate dropped to 2.3%.
Properties are reasonably priced in this suburb – a big advantage especially for buyers who don’t have a lot saved up but want to be close to the CBD. It is connected to numerous access points as well, including the Princes Highway. The Laverton train station is a stop along the Werribee railway line.
The suburb is home to the Melbourne Ballpark stadium, which hosts several baseball games throughout the season.