MERRIGUM 3618
State: VICPosiProp AI Investment Summary
MERRIGUM (VIC 3618) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.6% and has experienced a 12-month capital growth of Up 42.1%, with a median house buy price of $412,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$150,000
$360,000
$815,000
$412,000
Suburb Market Profile
Last month Merrigum had 2 properties available for rent and 5 properties for sale. Median sold prices over the last year is $412,000 for houses. If you are looking for an investment property, consider houses in Merrigum rent out for $350 PW with an annual rental yield of 5.6% and units rent for $440 PW with a rental yield of 5.4%. Merrigum has seen an annual compound growth rate of 42.1% for houses.
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