MORTLAKE 3272
State: VICPosiProp AI Investment Summary
MORTLAKE (VIC 3272) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 6.3% and has experienced a 12-month capital growth of Up 5.4%, with a median house buy price of $390,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$365,000
$385,000
$390,000
$390,000
Suburb Market Profile
Last month Mortlake had 3 properties available for rent and 7 properties for sale. Median property prices over the last year range from $390,000 for houses to $290,000 for units. If you are looking for an investment property, consider houses in Mortlake rent out for $400 PW with an annual rental yield of 6.3%. Mortlake has seen an annual compound growth rate of 5.4% for houses.
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