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 4.5% and has experienced a 12-month capital growth of Up 10.1%, with a median house buy price of $622,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$480,000
$585,000
$720,000
$622,500
Suburb Market Profile
Last month Korumburra had 7 properties available for rent and 58 properties for sale. Median property prices over the last year range from $622,500 for houses to $444,500 for units. If you are looking for an investment property, consider houses in Korumburra rent out for $500 PW with an annual rental yield of 4.5% and units rent for $420 PW with a rental yield of 5.3%. Korumburra has seen an annual compound growth rate of 10.1% for houses and 4.6% for units.
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