BREAKWATER 3219
State: VICPosiProp 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 11.3%, with a median house buy price of $570,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$555,000
$578,000
–
$570,500
Suburb Market Profile
Last month Breakwater had 3 properties available for rent and 3 properties for sale. Median property prices over the last year range from $570,500 for houses to $542,500 for units. If you are looking for an investment property, consider houses in Breakwater rent out for $450 PW with an annual rental yield of 4.4% and units rent for $460 PW with a rental yield of 4.3%. Breakwater has seen an annual compound growth rate of 11.3% for houses and 23.3% for units.