VIC/
Avondale heights

Suburb Profile

Avondale Heights - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3034

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 50.92% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $822,500

The augmented property values in the suburb are trailing above the territorial average of 10.38% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $392.5.

Home owners selling their properties and realtors in AVONDALE HEIGHTS usually have to wait an average of 47.5 days days before their assets are lifted off the market.

The VIC suburb ranks 472nd on the list of best yielding suburbs for rental properties in VIC, posting a 2.48% return.

It also places places 427th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $822,500 $511,250
GROWTH REPORT
Median Quarterly 1.39% 5.41%
Median 12 month 15.36% 12.51%
Median 3 years 50.92% 10.9%
Median 5 years 53.74% 15.93%
10 years average annual 9.38% 5.01%
Weekly media advert. rent $392.5 $350
Time on Market 47.5 days 0.0 days
Gross Rental Yield Percent 2.48% 3.56%
demographics (median values)
Total Population
11083
Weekly Household Income
950.9
Household Size
2.70
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