Avondale Heights, 3034 ranked 482th in VIC when comparing growth in median property values or capital gain over the last 12 months. Avondale Heights is one of 2099 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Avondale Heights has increased when compared to the 5 year average annual rate.
Property buyers and investors in Avondale Heights 3034 should be seeing an average reduction in asking price of around -6.72% . This means that Avondale Heights is holding prices well when compared to other suburbs in VIC.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 2.72%, without taking into account capital value appreciation, which has been averaging out at 6.88%.
Avondale Heights is in the TOP 10% in VIC when comparing median price capital growth over the last year. Avondale Heights gave property investors a very good capital gain figure when compared to the rest of the state, with 44.21%.
Comparing Avondale Heights,3034 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Advertised rents are around the $420 mark per week – giving a return of 3.58% based on the median price in Suburb