MICHELAGO 2620
State: NSWPosiProp AI Investment Summary
MICHELAGO (NSW 2620) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Up 30.7%, with a median house buy price of $1,150,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$855,000
$1,267,500
$1,150,000
Suburb Market Profile
Last month Michelago had 0 properties available for rent and 5 properties for sale. Median sold prices over the last year is $1,150,000 for houses. If you are looking for an investment property, consider houses in Michelago rent out for $630 PW with an annual rental yield of 3.8%. Michelago has seen an annual compound growth rate of 30.7% for houses.
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