VIC has seen average median house prices change by -1.79% which means that Avondale Heights, 3034 has not done well for property investors by showing a capital gain of -5.42% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Avondale Heights comes in at number 438th in VIC.
LACK OF BUYER INTEREST may well be the reason that Avondale Heights is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 432th in terms of most discounted suburbs in VIC
With a capital gain of 9.90% for the last 12 months, Avondale Heights, 3034 has performed for property investments than its average annual 4.12% property growth over the last 5 years.
A 24.12% growth in median value for property investors in Avondale Heights,3034 puts this suburb at number 12th in terms of best performing suburbs in VIC
Property buyers and investors in Avondale Heights 3034 should be seeing an average reduction in asking price of around -4.24% . This means that Avondale Heights is holding prices well when compared to other suburbs in VIC.
At number 1310 in a list of fastest selling suburbs, Avondale Heights is in the bottom 10% of suburbs in Australia with an average of days on market 216.364 for properties listed there.
Avondale Heights, 3034’s gross rental yield is 3.95%