MARENGO 3233
State: VICPosiProp AI Investment Summary
MARENGO (VIC 3233) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Up 11.2%, with a median house buy price of $1,412,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$1,412,500
$1,412,500
Suburb Market Profile
Last month Marengo had 0 properties available for rent and 15 properties for sale. Median sold prices over the last year is $1,412,500 for houses. If you are looking for an investment property, consider houses in Marengo rent out for $585 PW with an annual rental yield of 3.4%. Marengo has seen an annual compound growth rate of 11.2% for houses.
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