DENNINGTON 3280
State: VICPosiProp AI Investment Summary
DENNINGTON (VIC 3280) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.2% and has experienced a 12-month capital growth of Up 11.5%, with a median house buy price of $680,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$450,000
$650,000
$716,750
$680,000
Suburb Market Profile
Last month Dennington had 6 properties available for rent and 8 properties for sale. Median sold prices over the last year is $680,000 for houses. If you are looking for an investment property, consider houses in Dennington rent out for $640 PW with an annual rental yield of 5.2% and units rent for $600 PW with a rental yield of 4.7%. Dennington has seen an annual compound growth rate of 11.5% for houses.
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