KORUMBURRA 3950
State: VICPosiProp AI Investment Summary
KORUMBURRA (VIC 3950) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 4.4%, with a median house buy price of $595,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$420,000
$530,000
$725,000
$595,000
Suburb Market Profile
Last month Korumburra had 5 properties available for rent and 52 properties for sale. Median property prices over the last year range from $595,000 for houses to $432,500 for units. If you are looking for an investment property, consider houses in Korumburra rent out for $480 PW with an annual rental yield of 4.8% and units rent for $425 PW with a rental yield of 5.3%. Korumburra has seen an annual compound growth rate of 4.4% for houses and -3.9% for units.