MYRTLEFORD 3737
State: VICPosiProp AI Investment Summary
MYRTLEFORD (VIC 3737) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 11.1%, with a median house buy price of $640,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$650,000
$612,500
$762,500
$640,000
Suburb Market Profile
Last month Myrtleford had 3 properties available for rent and 42 properties for sale. Median property prices over the last year range from $640,000 for houses to $405,000 for units. If you are looking for an investment property, consider houses in Myrtleford rent out for $490 PW with an annual rental yield of 3.9% and units rent for $370 PW with a rental yield of 4.6%. Myrtleford has seen an annual compound growth rate of 11.1% for houses and -4.7% for units.