LOVELY BANKS 3213
State: VICPosiProp AI Investment Summary
LOVELY BANKS (VIC 3213) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Down -5.2%, with a median house buy price of $730,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$372,000
$700,000
$787,000
$730,000
Suburb Market Profile
Last month Lovely Banks had 7 properties available for rent and 19 properties for sale. Median property prices over the last year range from $730,000 for houses to $432,500 for units. If you are looking for an investment property, consider houses in Lovely Banks rent out for $600 PW with an annual rental yield of 3.6% and units rent for $410 PW with a rental yield of 4.9%. Lovely Banks has seen an annual compound growth rate of -5.2% for houses and 9.5% for units.