ASPENDALE 3195
State: VICPosiProp AI Investment Summary
ASPENDALE (VIC 3195) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 11.0%, with a median house buy price of $1,437,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,090,000
$1,355,000
$1,572,500
$1,437,500
Suburb Market Profile
Last month Aspendale had 18 properties available for rent and 35 properties for sale. Median property prices over the last year range from $1,437,500 for houses to $870,000 for units. If you are looking for an investment property, consider houses in Aspendale rent out for $805 PW with an annual rental yield of 2.9% and units rent for $663 PW with a rental yield of 4.0%. Aspendale has seen an annual compound growth rate of 11.0% for houses and 5.9% for units.