ALTONA 3018
State: VICPosiProp AI Investment Summary
ALTONA (VIC 3018) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Up 3.3%, with a median house buy price of $1,210,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$772,500
$1,060,000
$1,340,000
$1,210,000
Suburb Market Profile
Last month Altona had 49 properties available for rent and 84 properties for sale. Median property prices over the last year range from $1,210,000 for houses to $732,500 for units. If you are looking for an investment property, consider houses in Altona rent out for $650 PW with an annual rental yield of 3.0% and units rent for $550 PW with a rental yield of 4.1%. Altona has seen an annual compound growth rate of 3.3% for houses and 3.9% for units.