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Airport West suburb profile

Airport West is a bustling suburb located approximately 12km northwest of Melbourne's CBD, known for its convenient access to Melbourne Airport and vibrant community atmosphere. The suburb offers a mix of residential, commercial, and industrial areas, providing diverse living and working opportunities. With Westfield Airport West shopping centre as a major retail hub, residents enjoy a variety of shopping, dining, and entertainment options. The suburb is well-served by public transport, including tram and bus services, making commuting easy. Its proximity to major roads and the airport makes Airport West an attractive location for both families and professionals.

Airport West property market performance

Current median dwelling price$840,250Past 3 months

Property growth+5.8%Past 12 months

Airport West has experienced positive growth in its property market over the past 12 months. House values have increased by 5.6%, with the median house price now at $950,000. Units have also seen a rise in value, with a 6% increase bringing the median unit price to $730,500.

Sales activity has been moderate, with 49 houses and 15 units sold in the past year. Houses are taking longer to sell, with a median of 47 days on the market, compared to 34 days for units, indicating a quicker turnover in the unit market.

The rental market in Airport West has shown healthy growth, with house rents increasing by 7.5% and unit rents by 6% over the last 12 months. The average rent for houses is now $645, while units average $530, reflecting strong demand in the rental sector.

HousesUnits
Median price
Past 3 months
$950K$731K
Change in value
Past 12 months
5.6%6.0%
Sold
Past 3 months
4915
Median days on market
Past 12 months
4734
Average rent
Past 12 months
$645$530
Change in rent
Past 12 months
7.5%6.0%

5 year median price trend for houses and units

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Airport West demographics

Airport West, located in Melbourne's north-west, is a suburb that offers a blend of suburban tranquility and urban convenience. With a population of 8,173 and a median age of 39, it is a community that appeals to families and professionals alike. The suburb is well-connected to the city, making it an attractive option for those who work in Melbourne but prefer a quieter residential area.

The family-oriented nature of Airport West is evident, with 43% of households being couple families with children and 36.7% being couple families without children. This indicates a balanced mix of young families and established couples, contributing to a stable and community-focused environment. One-parent families make up 17.9% of the households, adding to the suburb's diverse family structures.

In terms of property ownership, Airport West shows a strong inclination towards home ownership, with 38.9% of properties owned outright and 32.5% owned with a mortgage. This reflects a stable housing market with a significant portion of long-term residents. The rental market, comprising 28.6% of properties, provides options for those seeking flexibility, including young professionals and families new to the area.

The median total household income of $1,761 per week suggests a comfortable standard of living, supporting a lifestyle that balances work and leisure. With its proximity to shopping centers, parks, and schools, Airport West is a suburb that offers both convenience and a sense of community, making it a desirable place to live for a wide range of residents.

Airport West infrastructure, key developments and investment opportunities

Airport West has a strong established retail anchor in Westfield Airport West, which supports local convenience, foot traffic and ongoing demand from households who value nearby shopping and services. The centre’s scale and late-night trading on key days continue to reinforce the suburb’s role as a practical, amenity-rich location for buyers.

The suburb also benefits from its close-in north-west Melbourne position and proximity to Melbourne Airport, which can appeal to both owner-occupiers and investors seeking connectivity. Based on the available information, there are no major new infrastructure or redevelopment projects in Airport West that are likely to materially change the property market in the near term.

Airport West rental market trends

The rental market in Airport West has experienced moderate growth, with house rents increasing by 7.5% over the past year to $645 per week, while unit rents have risen by 6.0% to $530 per week. This steady growth reflects the suburb's appeal, driven by its convenient location and ongoing development, making it an attractive option for both renters and investors.

Suburbs near Airport West

Some popular suburbs near Airport West include:

How does Airport West compare to nearby suburbs?

  • Median house prices: Airport West’s median house price is 20.8% lower than Niddrie’s.
  • House price growth: Over the past 12 months, house prices in Airport West have grown 4.3% higher than in Niddrie.
  • Unit price growth: Over the past 12 months, unit prices in Airport West have grown 12.8% higher than in Keilor East.
  • Selling speed for houses: Properties in Airport West are selling 6.0% faster than in Keilor Park.
  • Selling speed for units: Properties in nearby Niddrie are selling 2.9% faster than in Airport West.
  • Investment considerations: In Airport West, the rental yield for house is 2.7% higher than the Melbourne average, while the rental yield for units is 9.2% lower.
  • House price growth: Over the past 12 months, house prices in Airport West have grown 7.4% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Airport West have grown 17.8% higher than the average rate of growth for units across Melbourne.

Common questions about Airport West

  • Is Airport West a nice place to live?

    Airport West is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a wonderful place to call home. Known for its vibrant community atmosphere, this suburb is perfect for families and professionals who appreciate a balanced lifestyle. The area boasts a strong sense of community, with numerous parks and green spaces providing ample opportunities for outdoor activities and family gatherings. The presence of good schools and childcare facilities further enhances its appeal to families looking for a nurturing environment for their children.

    The suburb's proximity to Melbourne Airport and major roads makes it an attractive location for those who travel frequently or work in the city, while still enjoying the peace of a suburban setting. Airport West is well-served by public transport, including tram and bus services, ensuring easy commuting to the CBD and surrounding areas. The Westfield Airport West shopping centre is a major retail hub, offering a variety of shopping, dining, and entertainment options that cater to all tastes and preferences.

    Safety is generally not a major concern in Airport West, contributing to its family-friendly vibe. However, as with any suburb close to major transport hubs, there can be some noise from nearby roads and the airport, which might be a consideration for those seeking absolute quiet. Despite this, the suburb's strong community feel and convenient amenities make it a desirable place to live. Whether you're a young family, a professional, or someone seeking a stable and welcoming community, Airport West offers a lifestyle that balances work, leisure, and connectivity beautifully.

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  • Is it expensive to live in Airport West?

    Living in Airport West comes with a moderate price tag, especially when considering its proximity to Melbourne's city center. The current median house price is around $950,000, while units are priced at approximately $730,500. These figures are somewhat higher than the median prices in some outer Melbourne suburbs, but they are still relatively affordable compared to many other inner suburbs.

    Renting in Airport West is also on the pricier side, with houses averaging $645 per week and units at $530 per week. When you compare this with the Greater Melbourne average salary of about $82,000 per year, the cost of living in Airport West might require careful budgeting, particularly for those with average earnings. The median total household income in the suburb is $1,761 per week, which suggests that many residents earn enough to manage these expenses, but it may still be a stretch for some.

    Overall, while Airport West offers the convenience of inner-suburban living with access to amenities and transport links, the cost of housing and rent can be significant. If you are thinking of living in Airport West, it's important to evaluate your financial situation to ensure it aligns with the costs associated with residing in this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Airport West a good place to invest?

    Airport West is showing promising signs as a solid investment suburb. Over the past year, the suburb has experienced a healthy increase in property values, with median house values rising by 5.6% and units by 6.0%. This steady growth indicates a resilient market, appealing to investors seeking stable capital appreciation. The suburb's rental market is also thriving, with house rents climbing by 7.5% and unit rents by 6.0% over the last 12 months. This suggests strong demand from renters, which is a positive indicator for potential investors looking for reliable rental income.

    While Airport West may not be the fastest-growing suburb in terms of property values, its consistent growth and rental demand make it an attractive option for those interested in a balanced investment. The suburb's appeal is further enhanced by its convenient location, offering easy access to Melbourne's CBD and nearby amenities. This accessibility, combined with the suburb's family-friendly atmosphere, ensures ongoing demand from both renters and buyers. Overall, Airport West presents a compelling opportunity for investors seeking a stable and reliable investment in the real estate market.

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Choose the right real estate agents in Airport West

There are 81 real estate agents in Airport West, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 33.8% of all sales in the past year.

Commission rates in Airport West typically range from 1.54% to 2.94%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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