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 3.4% and has experienced a 12-month capital growth of Down -2.5%, with a median house buy price of $1,560,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
–
$1,540,000
$1,560,000
Suburb Market Profile
Last month Drumcondra had 2 properties available for rent and 4 properties for sale. Median property prices over the last year range from $1,560,000 for houses to $548,500 for units. If you are looking for an investment property, consider houses in Drumcondra rent out for $795 PW with an annual rental yield of 3.4% and units rent for $510 PW with a rental yield of 5.0%. Drumcondra has seen an annual compound growth rate of -2.5% for houses.