Over the last year, property investments in Airport West, 3042 have given investors a capital gain of 15.30%. This compares favourably with the 11.11% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Airport West has increased when compared to the 5 year average annual rate.
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 Airport West, 3042. Typically our figures indicate that -4.30% is being offered, which puts this VIC suburb at 2892th most discounted overall in Australia.
On average over the past year, suburb has had 10.58 sales per month, which equates to 127 per year.
VIC has seen average median house prices change by 8.36% which means that Airport West, 3042 has done well for property investors by showing a capital gain of 4.63% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Airport West has increased when compared to the 5 year average annual rate.
Airport West3042 is located in VIC which offers an average discount of -4.67% to property investors. Airport West itself is showing figures that indicate -2.97% is the average achievable by property buyers investing in the suburb.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.68%, without taking into account capital value appreciation, which has been averaging out at 5.31%.