LONGERENONG 3401
State: VICPosiProp AI Investment Summary
LONGERENONG (VIC 3401) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.6% and has experienced a 12-month capital growth of Up 166.7%, with a median house buy price of $200,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$100,000
$320,000
–
$200,000
Suburb Market Profile
Last month Longerenong had 0 properties available for rent and 0 properties for sale. Median sold prices over the last year is $282,500 for houses. If you are looking for an investment property, consider houses in Longerenong rent out for $300 PW with an annual rental yield of 5.5%. Longerenong has seen an annual compound growth rate of 213.9% for houses.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC