What rent, values look like under Labor: New modelling
An updated modelling of the Labor government’s proposed changes to negative gearing has found that yields are likely to go up while prices...
Property investors have seen a 0.57% gain in AVENEL based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains AVENEL, 3664 saw average growth in the long term.
The VIC 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 $350,000
Profits averaged 14.29% per annum over a 3-year period, due to an upward trend in home prices in AVENEL, 3664.
The gross rental yield in AVENEL, 3664 is 0%.
An average of 1.42 real estate transactions take place per month in AVENEL which translates to 17 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $350,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.57% | N/A |
| Median 12 month | -1.41% | N/A |
| Median 3 years | 42.86% | N/A |
| Median 5 years | 50.86% | N/A |
| 10 years average annual | 8.83% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 64.6 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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