CANADIAN 3350
State: VICPosiProp AI Investment Summary
CANADIAN (VIC 3350) 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 17.3%, with a median house buy price of $586,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$450,000
$585,000
$650,000
$586,250
Suburb Market Profile
Last month Canadian had 5 properties available for rent and 27 properties for sale. Median property prices over the last year range from $586,250 for houses to $446,000 for units. If you are looking for an investment property, consider houses in Canadian rent out for $430 PW with an annual rental yield of 3.9% and units rent for $398 PW with a rental yield of 4.5%. Canadian has seen an annual compound growth rate of 17.3% for houses and 14.4% for units.