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 0.0%, with a median house buy price of $790,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$554,000
$697,500
$842,500
$790,000
Suburb Market Profile
Last month Bannockburn had 1 property available for rent and 32 properties for sale. Median property prices over the last year range from $790,000 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 $395 PW with a rental yield of 4.6%. Bannockburn has seen an annual compound growth rate of 0.0% for houses and 13.1% for units.