MERRICKS NORTH 3926
State: VICPosiProp AI Investment Summary
MERRICKS NORTH (VIC 3926) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 1.6% and has experienced a 12-month capital growth of Down -20.7%, with a median house buy price of $2,490,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,837,500
$2,372,500
–
$2,490,000
Suburb Market Profile
Last month Merricks North had 2 properties available for rent and 3 properties for sale. Median sold prices over the last year is $2,490,000 for houses. If you are looking for an investment property, consider houses in Merricks North rent out for $1,375 PW with an annual rental yield of 1.6%. Merricks North has seen an annual compound growth rate of -20.7% for houses.
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