ELPHINSTONE 3448
State: VICPosiProp AI Investment Summary
ELPHINSTONE (VIC 3448) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 23.1%, with a median house buy price of $800,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$730,000
$837,500
$870,000
$800,000
Suburb Market Profile
Last month Elphinstone had 1 property available for rent and 8 properties for sale. Median sold prices over the last year is $800,000 for houses. If you are looking for an investment property, consider houses in Elphinstone rent out for $575 PW with an annual rental yield of 4.2%. Elphinstone has seen an annual compound growth rate of 23.1% for houses.
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