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Avenel
AREA REPORTS

Avenel

Avenel - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3664

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Property investors have seen a 7.83% gain in AVENEL based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on AVENEL, 3664 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 15.63%.

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 $447,500

Profits averaged 8.1% 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 1.33 real estate transactions take place per month in AVENEL which translates to 16 per annum.

Data report can be found below

Avenel
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $447,500 N/A
GROWTH REPORT
Median Quarterly 7.83% N/A
Median 12 month 15.63% N/A
Median 3 years 24.31% N/A
Median 5 years 79% N/A
10 years average annual 5.88% N/A
Weekly media advert. rent N/A N/A
Time on Market 93.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1070
Weekly Household Income
1197
Household Size
2.40
Age
45
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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