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 3.8% and has experienced a 12-month capital growth of Up 1.4%, with a median house buy price of $885,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$902,750
$791,600
$886,000
$885,000
Suburb Market Profile
Last month Greenvale had 56 properties available for rent and 126 properties for sale. Median property prices over the last year range from $885,000 for houses to $657,500 for units. If you are looking for an investment property, consider houses in Greenvale rent out for $630 PW with an annual rental yield of 3.8% and units rent for $580 PW with a rental yield of 4.4%. Greenvale has seen an annual compound growth rate of 1.4% for houses and 7.0% for units.