MEENIYAN 3956
State: VICPosiProp AI Investment Summary
MEENIYAN (VIC 3956) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.3% and has experienced a 12-month capital growth of Up 26.6%, with a median house buy price of $975,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$641,250
$975,000
$1,352,500
$975,000
Suburb Market Profile
Last month Meeniyan had 4 properties available for rent and 2 properties for sale. Median property prices over the last year range from $975,000 for houses to $525,000 for units. If you are looking for an investment property, consider houses in Meeniyan rent out for $450 PW with an annual rental yield of 4.3% and units rent for $585 PW with a rental yield of 5.5%. Meeniyan has seen an annual compound growth rate of 26.6% for houses.
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