CALIFORNIA GULLY 3556
State: VICPosiProp AI Investment Summary
CALIFORNIA GULLY (VIC 3556) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.9% and has experienced a 12-month capital growth of Up 23.3%, with a median house buy price of $580,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$487,500
$590,000
$650,000
$580,000
Suburb Market Profile
Last month California Gully had 20 properties available for rent and 13 properties for sale. Median property prices over the last year range from $580,000 for houses to $505,000 for units. If you are looking for an investment property, consider houses in California Gully rent out for $490 PW with an annual rental yield of 4.9% and units rent for $443 PW with a rental yield of 5.3%. California Gully has seen an annual compound growth rate of 23.3% for houses and 44.3% for units.
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