Over the last year, property investments in Avenel, 3664 have given investors a capital gain of 13.30%. This compares very favourably with the -1.69% for VIC as a whole.
Comparing Avenel,3664 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Avenel, 3664. Typically our figures indicate that -7.56% is being offered, which puts this VIC suburb at 1116th most discounted overall in Australia.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.54%, without taking into account capital value appreciation, which has been averaging out at 8.58%.