MCKINNON 3204
State: VICPosiProp AI Investment Summary
MCKINNON (VIC 3204) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Down -2.4%, with a median house buy price of $1,800,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,304,500
$1,655,000
$1,900,000
$1,800,000
Suburb Market Profile
Last month Mckinnon had 30 properties available for rent and 29 properties for sale. Median property prices over the last year range from $1,800,000 for houses to $803,000 for units. If you are looking for an investment property, consider houses in Mckinnon rent out for $1,073 PW with an annual rental yield of 3.1% and units rent for $725 PW with a rental yield of 4.7%. Mckinnon has seen an annual compound growth rate of -2.4% for houses and 3.3% for units.
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