Airport West is a mid-sized suburb in Victoria within the Moonee Valley local government area (postcode 3042). With a population of 8,173, the suburb has an established demographic with a median age of 39. Households earn a median income of $92K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Italian.
The median house price in Airport West is $940,000, having dipped slightly 1.3% over the past year. Units have a median price of $683,000 (+5.1% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,085.
Airport West is served by 1 school, including 1 primary. The average ICSEA score is 1083, which is above the national average of 1,000. Public transport access includes 57 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Airport West offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($940K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved -1.3% year-on-year.
Airport West is a mid-sized suburb in Victoria within the Moonee Valley local government area (postcode 3042). With a population of 8,173, the suburb has an established demographic with a median age of 39. Households earn a median income of $92K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Italian.
The median house price in Airport West is $940,000, having dipped slightly 1.3% over the past year. Units have a median price of $683,000 (+5.1% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,085.
Airport West is served by 1 school, including 1 primary. The average ICSEA score is 1083, which is above the national average of 1,000. Public transport access includes 57 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Airport West offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($940K/$875K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved -1.3% year-on-year.