Is MCKINNON a good suburb for positive geared property investment in Australia?

MCKINNON in VIC currently features property rental yields up to 2.9% with a 12-month capital growth value of Up 3.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MCKINNON 3204?

The median house price in MCKINNON 3204 is approximately $1,866,000 based on the latest tracked market indices.

Investment Spotlight • Australia

MCKINNON 3204

State: VIC

Updated: 6 August 2026

PosiProp AI Investment Summary

MCKINNON (VIC 3204) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 3.7%, with a median house buy price of $1,866,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,397,000

Up 42.6% 2.6% Yield

3 house • buy

$1,735,000

Up 0.1% 2.8% Yield

4 house • buy

$1,900,000

Up 2.5% 3.1% Yield

all house • buy

$1,866,000

Up 3.7% 2.9% Yield

Suburb Market Profile

Last month Mckinnon had 26 properties available for rent and 30 properties for sale. Median property prices over the last year range from $1,866,000 for houses to $805,000 for units. If you are looking for an investment property, consider houses in Mckinnon rent out for $995 PW with an annual rental yield of 2.9% and units rent for $730 PW with a rental yield of 4.6%. Mckinnon has seen an annual compound growth rate of 3.7% for houses and 4.6% for units.

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