EAST MELBOURNE 3002
State: VICPosiProp AI Investment Summary
EAST MELBOURNE (VIC 3002) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.7% and has experienced a 12-month capital growth of Down -13.2%, with a median house buy price of $2,951,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,464,250
$2,900,000
$3,200,000
$2,951,250
Suburb Market Profile
Last month East Melbourne had 45 properties available for rent and 49 properties for sale. Median property prices over the last year range from $2,951,250 for houses to $702,800 for units. If you are looking for an investment property, consider houses in East Melbourne rent out for $1,370 PW with an annual rental yield of 2.7% and units rent for $625 PW with a rental yield of 4.2%. East Melbourne has seen an annual compound growth rate of -13.2% for houses and -3.7% for units.
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