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 2.7% and has experienced a 12-month capital growth of Up 3.4%, with a median house buy price of $1,861,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,316,000
$1,688,888
$1,997,500
$1,861,000
Suburb Market Profile
Last month Mckinnon had 24 properties available for rent and 38 properties for sale. Median property prices over the last year range from $1,861,000 for houses to $865,000 for units. If you are looking for an investment property, consider houses in Mckinnon rent out for $1,080 PW with an annual rental yield of 2.7% and units rent for $700 PW with a rental yield of 4.1%. Mckinnon has seen an annual compound growth rate of 3.4% for houses and 12.3% for units.