GOORNONG 3557
State: VICPosiProp AI Investment Summary
GOORNONG (VIC 3557) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 5.0%, with a median house buy price of $654,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$465,000
$608,000
$890,000
$654,500
Suburb Market Profile
Last month Goornong had 0 properties available for rent and 2 properties for sale. Median sold prices over the last year is $654,500 for houses. If you are looking for an investment property, consider houses in Goornong rent out for $520 PW with an annual rental yield of 4.8%. Goornong has seen an annual compound growth rate of 5.0% for houses.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC