GREENSBOROUGH 3088
State: VICPosiProp AI Investment Summary
GREENSBOROUGH (VIC 3088) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 2.5%, with a median house buy price of $1,030,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$860,000
$945,000
$1,160,000
$1,030,000
Suburb Market Profile
Last month Greensborough had 33 properties available for rent and 65 properties for sale. Median property prices over the last year range from $1,030,000 for houses to $749,000 for units. If you are looking for an investment property, consider houses in Greensborough rent out for $640 PW with an annual rental yield of 3.5% and units rent for $550 PW with a rental yield of 3.9%. Greensborough has seen an annual compound growth rate of 2.5% for houses and -0.8% for units.