Airport West

POSTAL CODE: VIC, 3042
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A steady increase in median property prices over a five-year period in the suburb translates to a 10.44% capital gain.

Property investors in AIRPORT WEST enjoyed capital gains of 7.3% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,000,000.

Profits due to an upward trend in home prices there averaged 3.48% per annum over a 3-year period.

Home owners selling their properties and realtors in AIRPORT WEST usually have to wait an average of 54.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $590 mark, reflecting a 3.07% increase in returns based on the current median price in AIRPORT WEST.

AIRPORT WEST, 3042 places 82nd in Australia based on median property value growth during the quarter.

Surburb overview

Airport West is a suburb located approximately 12 kilometres north-west of Melbourne's Central Business District, within the City of Moonee Valley.  According to the 2021 census, it has a population of 8,173 residents. 

The suburb's demographic profile reveals a median age of 39 years. A significant portion of the population, 72.2%, was born in Australia, with notable communities from Italy (5.8%), India (2.4%), England (1.4%), Greece (1.3%), and New Zealand (1.1%).  In terms of ancestry, the most common responses include Australian (18.3%), English (18.2%), Italian (17.7%), Irish (8.4%), and Scottish (5.6%). 

Public transportation in Airport West is well-established. The suburb is serviced by tram route 59, which operates between Airport West and the city. Additionally, several bus routes connect residents to neighbouring suburbs and critical destinations. The proximity to major freeways, including the Calder Freeway and Tullamarine Freeway, facilitates convenient access for motorists. 

The suburb is well-equipped with essential establishments. The Westfield Airport West shopping centre offers a variety of retail and dining options. Healthcare facilities are accessible, with several medical centres and clinics in the surrounding areas. Educational institutions like Niddrie Primary School and Essendon Keilor College serve the local community.

Airport West offers abundant recreational activities. The suburb features several parks and reserves, which provide facilities for sports and leisure activities. The Moonee Ponds Creek Trail offers opportunities for cycling and walking enthusiasts. Additionally, the suburb's proximity to Essendon Fields provides access to further recreational and shopping amenities.

Airport West presents a suburban environment with a blend of residential amenities, public transport options, and recreational facilities, contributing to its community-oriented atmosphere. 

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