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 3.8% and has experienced a 12-month capital growth of Up 7.8%, with a median house buy price of $787,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$550,000
$700,000
$810,000
$787,000
Suburb Market Profile
Last month Lovely Banks had 7 properties available for rent and 14 properties for sale. Median property prices over the last year range from $787,000 for houses to $397,500 for units. If you are looking for an investment property, consider houses in Lovely Banks rent out for $580 PW with an annual rental yield of 3.8% and units rent for $425 PW with a rental yield of 4.8%. Lovely Banks has seen an annual compound growth rate of 7.8% for houses and -6.5% for units.
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