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

IONA in VIC currently features property rental yields up to 2.4% with a 12-month capital growth value of Up 73.1%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in IONA 3815?

The median house price in IONA 3815 is approximately $1,125,000 based on the latest tracked market indices.

Investment Spotlight • Australia

IONA 3815

State: VIC

Updated: 6 August 2026

PosiProp AI Investment Summary

IONA (VIC 3815) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.4% and has experienced a 12-month capital growth of Up 73.1%, with a median house buy price of $1,125,000. 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

$850,000

Not available 2.9% Yield

3 house • buy

$1,400,000

Up 115.4% 2.7% Yield

4 house • buy

–

Not available 2.1% Yield

all house • buy

$1,125,000

Up 73.1% 2.4% Yield

Suburb Market Profile

Last month Iona had 0 properties available for rent and 2 properties for sale. Median sold prices over the last year is $1,125,000 for houses. Iona has seen an annual compound growth rate of 73.1% for houses.

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