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 3.5% and has experienced a 12-month capital growth of Up 1.6%, with a median house buy price of $1,117,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$875,000
$1,000,250
$1,200,000
$1,117,500
Suburb Market Profile
Last month Mulgrave had 40 properties available for rent and 57 properties for sale. Median property prices over the last year range from $1,117,500 for houses to $836,000 for units. If you are looking for an investment property, consider houses in Mulgrave rent out for $690 PW with an annual rental yield of 3.5% and units rent for $628 PW with a rental yield of 4.4%. Mulgrave has seen an annual compound growth rate of 1.6% for houses and -0.8% for units.
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