Is BREAKWATER a good suburb for positive geared property investment in Australia?

BREAKWATER in VIC currently features property rental yields up to 4.4% with a 12-month capital growth value of Up 8.5%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in BREAKWATER 3219?

The median house price in BREAKWATER 3219 is approximately $575,000 based on the latest tracked market indices.

Investment Spotlight • Australia

BREAKWATER 3219

State: VIC

Updated: 5 August 2026

PosiProp AI Investment Summary

BREAKWATER (VIC 3219) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.4% and has experienced a 12-month capital growth of Up 8.5%, with a median house buy price of $575,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$560,000

Up 41.8% 4.4% Yield

3 house • buy

$590,000

Up 11.3% 4.4% Yield

4 house • buy

$680,000

Up 9.7% 4.2% Yield

all house • buy

$575,000

Up 8.5% 4.4% Yield

Suburb Market Profile

Last month Breakwater had 9 properties available for rent and 2 properties for sale. Median property prices over the last year range from $575,000 for houses to $540,000 for units. If you are looking for an investment property, consider houses in Breakwater rent out for $463 PW with an annual rental yield of 4.4% and units rent for $460 PW with a rental yield of 4.2%. Breakwater has seen an annual compound growth rate of 8.5% for houses and 17.4% for units.

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