Investing in blocks of units in Avenel presents a lucrative opportunity for property investors in 2026, driven by significant growth in property values and rental yields. With median house prices soaring to $1.15 million in the April to June 2025 quarter, according to DataVic/REIV, Avenel is becoming a hot spot for savvy investors looking for high returns.

• Avenel’s median house price reached $1.15M in Q2 2025, growing by 86.2% QoQ.
• Avenel has a small population of 1,112 with a median age of 49.0.
• The median household income in Avenel is $1,414 per week.
• Avenel offers a median rent of $300 per week.

What do the numbers say in Avenel?

The latest statistics indicate that Avenel has seen astonishing growth in property values. With a median house price of $1.15 million, the area has experienced a whopping 86.2% quarter-on-quarter increase. This staggering growth is also reflected year-over-year with a 102.1% rise, as noted by DataVic/REIV. Furthermore, the median rent stands at $300 per week, while the population of 1,112 maintains a stable community base, according to ABS Census 2021.

This significant appreciation in value positions Avenel as a prime location for purchasing blocks of units. The demographic data supports a mixture of retirees and young families, contributing to a diverse and steady rental market.

What are the key considerations?

When investing in blocks of units in Avenel, several factors need attention. First, examining the high yield potential is crucial. The rental market in Avenel, with a median rent of $300, aligns well with the demand driven by the area’s demographics.

It’s also important to consider the growth trajectory. The dramatic increase in the median house price suggests a thriving real estate market. Investors need to evaluate the long-term gains versus immediate returns and consider market volatility. Additionally, understanding the local infrastructure and future developments can offer insights into sustained growth.

We invite you to explore more insights on blocks of units in North Melbourne to compare growth trends.

How does Collings help?

Collings Real Estate provides comprehensive support for those interested in investing in Avenel. With our extensive knowledge of the local market and access to off-market opportunities, we offer investors unique insights that are not commonly available.

If you wish to delve into undisclosed real estate listings, consider signing up for our off-market portal. You can explore our offerings by visiting our off-market portal for exclusive opportunities.

For personalized guidance and investment strategies, don’t hesitate to enquire about off-market unit blocks through our team via email at info@collings.com.au or call us on 03 9486 2000.

Frequently asked questions

What makes Avenel a good investment for blocks of units?
Avenel’s rapid growth in median property values, alongside stable rental rates, presents significant investment potential.

What are the demographic trends in Avenel?
Avenel has a balanced demographic profile with a median age of 49. The area suits both retirees and young families.

Explore more about high-yield areas by checking out our article on high rental yield suburbs.