You might be interested in some of the observations of Bob Bergh, who ran the avocado breeding program of the University of California for decades. (The first paragraph deals with speeding up the fruit production of seedlings, and the second paragraph is about how many years it usually takes for seedlings to produce.)
"Perhaps the greatest problem of the avocado breeder is the length of time required, in conjunction with the large amount of space required. There are 2 ways that we are going at this problem of shortening the juvenility stage. One is to graft the seedlings onto large plants. This is an idea that we thought about vaguely and I finally was stimulated to try in a visit to Israel 2 years ago when I saw it in operation there. Often you can get fruiting the year after you graft or at least 2 years afterwards.
"The other way is to breed for more precocious seedlings. The new 'Pinkerton' variety is astonishingly precocious for us and it will be the basis of this precocity breeding. In California we say that the earliest cultivars will come into production in maybe 3 years with a few fruits and more in the fourth and fifth years. Seedlings come in maybe the fifth or sixth year and more in the eighth and ninth year. After 10 years we drop it. Seedlings of 'Pinkerton' have the remarkable ability to start bearing the second year from planting as seedlings. The little seedling is seemingly barely up, as we don't get as much growth in 2 years in California as in Florida or the more tropical areas, and can have maybe 20 or 30 fruits on it. This is just turning up now. The first fruiting is this year because we didn't know about the 'Pinkerton' until 2 years ago."
This is taken from:
http://www.avocadosource.com/Journals/ITFSC/PROC_1976_PG_36-42.pdf