DRUMCONDRA 3215
State: VICPosiProp AI Investment Summary
DRUMCONDRA (VIC 3215) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Down -5.1%, with a median house buy price of $1,550,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,460,000
–
$1,550,000
$1,550,000
Suburb Market Profile
Last month Drumcondra had 1 property available for rent and 1 property for sale. Median property prices over the last year range from $1,550,000 for houses to $615,000 for units. If you are looking for an investment property, consider houses in Drumcondra rent out for $810 PW with an annual rental yield of 3.6% and units rent for $400 PW with a rental yield of 4.8%. Drumcondra has seen an annual compound growth rate of -5.1% for houses and 12.1% for units.
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