Avondale Heights has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.59% to date .
While Avondale Heights,3034 ranked number 496th in VIC for increase in median house value (annualised) increase, it is ranked 259th over the last 5 years.
Avondale Heights3034 is located in VIC which offers an average discount of -5.04% to property investors. Avondale Heights itself is showing figures that indicate -7.77% is the average achievable by property buyers investing in the suburb.
At number 875 in a list of fastest selling suburbs, Avondale Heights is in the TOP 30% of suburbs in Australia with an average of days on market 51.61 for properties listed there.
Giving property investors a a solid capital gain of 16.49% for the last year, Avondale Heights, 3034 is the 240th highest performer in Australia in this respect.
The five-year average increase in median property values for Avondale Heights,3034 has given property investors a potential capital gain of 22.16% across each of those five years.
In the last year 14 properties changed hands in Avondale Heights, which puts it as the 349th most active market in VIC when comparing the number of sales per suburb.