MULGRAVE 3170
State: VICPosiProp AI Investment Summary
MULGRAVE (VIC 3170) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.2% and has experienced a 12-month capital growth of Up 4.2%, with a median house buy price of $1,135,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$907,500
$1,050,000
$1,250,000
$1,135,000
Suburb Market Profile
Last month Mulgrave had 60 properties available for rent and 73 properties for sale. Median property prices over the last year range from $1,135,000 for houses to $860,250 for units. If you are looking for an investment property, consider houses in Mulgrave rent out for $670 PW with an annual rental yield of 3.2% and units rent for $625 PW with a rental yield of 4.2%. Mulgrave has seen an annual compound growth rate of 4.2% for houses and 0.0% for units.