BANNOCKBURN 3331
State: VICPosiProp AI Investment Summary
BANNOCKBURN (VIC 3331) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 6.7%, with a median house buy price of $820,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$552,000
$757,500
$832,500
$820,000
Suburb Market Profile
Last month Bannockburn had 8 properties available for rent and 40 properties for sale. Median property prices over the last year range from $820,000 for houses to $560,000 for units. If you are looking for an investment property, consider houses in Bannockburn rent out for $600 PW with an annual rental yield of 3.9% and units rent for $390 PW with a rental yield of 4.7%. Bannockburn has seen an annual compound growth rate of 6.7% for houses and 10.9% for units.
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