MERRIJIG 3723
State: VICPosiProp AI Investment Summary
MERRIJIG (VIC 3723) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 24.1%, with a median house buy price of $900,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$830,000
$896,350
$900,000
Suburb Market Profile
Last month Merrijig had 2 properties available for rent and 27 properties for sale. Median sold prices over the last year is $900,000 for houses. If you are looking for an investment property, consider houses in Merrijig rent out for $600 PW with an annual rental yield of 4.0% and units rent for $395 PW with a rental yield of 4.3%. Merrijig has seen an annual compound growth rate of 24.1% for houses.
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