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Avenel

Suburb Profile

Avenel - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3664

house

Property investors have seen a 2.25% 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 10.57%.

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 $387,000

Profits averaged 14.31% per annum over a 3-year period, due to an upward trend in home prices in AVENEL, 3664.

This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.

The gross rental yield in AVENEL, 3664 is 4.57%.

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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $387,000 N/A
GROWTH REPORT
Median Quarterly 2.25% N/A
Median 12 month 10.57% N/A
Median 3 years 42.94% N/A
Median 5 years 43.07% N/A
10 years average annual 6.87% N/A
Weekly media advert. rent $340 N/A
Time on Market 78.5 days N/A
Gross Rental Yield Percent 4.57% N/A
demographics (median values)
Total Population
814
Weekly Household Income
813.7
Household Size
2.50
demographics
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