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 3.1% and has experienced a 12-month capital growth of Up 4.9%, with a median house buy price of $1,225,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$800,000
$1,060,000
$1,345,000
$1,225,000
Suburb Market Profile
Last month Altona had 71 properties available for rent and 75 properties for sale. Median property prices over the last year range from $1,225,000 for houses to $740,000 for units. If you are looking for an investment property, consider houses in Altona rent out for $670 PW with an annual rental yield of 3.1% and units rent for $560 PW with a rental yield of 4.3%. Altona has seen an annual compound growth rate of 4.9% for houses and 4.2% for units.
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