Is HARKNESS a good suburb for positive geared property investment in Australia?

HARKNESS in VIC currently features property rental yields up to 3.8% with a 12-month capital growth value of Up 11.2%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in HARKNESS 3337?

The median house price in HARKNESS 3337 is approximately $637,000 based on the latest tracked market indices.

Investment Spotlight • Australia

HARKNESS 3337

State: VIC

Updated: 6 August 2026

PosiProp AI Investment Summary

HARKNESS (VIC 3337) 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 11.2%, with a median house buy price of $637,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$642,500

Up 5.8% 3.7% Yield

3 house • buy

$575,000

Up 6.9% 3.9% Yield

4 house • buy

$655,000

Up 9.2% 3.8% Yield

all house • buy

$637,000

Up 11.2% 3.8% Yield

Suburb Market Profile

Last month Harkness had 65 properties available for rent and 65 properties for sale. Median property prices over the last year range from $637,000 for houses to $470,000 for units. If you are looking for an investment property, consider houses in Harkness rent out for $450 PW with an annual rental yield of 3.8% and units rent for $400 PW with a rental yield of 4.7%. Harkness has seen an annual compound growth rate of 11.2% for houses and 7.9% for units.

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