GREENVALE 3059
State: VICPosiProp AI Investment Summary
GREENVALE (VIC 3059) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Up 3.5%, with a median house buy price of $890,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$845,000
$797,500
$900,000
$890,000
Suburb Market Profile
Last month Greenvale had 49 properties available for rent and 123 properties for sale. Median property prices over the last year range from $890,000 for houses to $665,000 for units. If you are looking for an investment property, consider houses in Greenvale rent out for $650 PW with an annual rental yield of 4.1% and units rent for $580 PW with a rental yield of 4.7%. Greenvale has seen an annual compound growth rate of 3.5% for houses and 2.1% for units.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC