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Investment Property Aspendale, VIC, 3195

Suburb Snapshot

Aspendale is a suburb in the Kingston Region of Victoria. Aspendale has a population of 6,949 people and 16.10% of its occupants live in rental accommodation. The median listing price for houses is $1,250,000 and this has changed 2.04% over the past year and changed 0.00% over 2 years.

The median rent in Aspendale for houses is $745 per week and the median rental yield is 3.09%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $685,000 and this has changed -2.15% over the past year. The average unit takes 70 days to sell and the median rent for a unit in Aspendale is $550 per week, producing a rental yield of 4.17%.

Supply & Demand in Aspendale, Kingston

0.54%

Current vacancy rate


17

Rental stock available


6,949

Population


16.10%

Rental population


0.70%

Current vacancy rate


497

Rental stock available


151,389

Population


22.80%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Aspendale, Kingston

  House Townhouses Units
Median listing price $1,250,000 $1,250,000 $685,000
Median price change - last quarter 0.40% -2.54% -2.01%
Median price change - 1 year 2.04% -3.85% -2.15%
Median price change - 2 years 0.00% 28.20% -2.15%
  House Townhouses Units
Median weekly rent $745 $770 $550
Median yield % 3.09% 3.20% 4.17%
Median rent change - 1 year 6.42% 4.76% 15.78%
  House Units
Previous month sales 7 5
Stock on market previous month 31 15
Stock variance vs. last year 0.00% 200.00%
Average days on market 52 70

Aspendale investment property listings

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