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 11.9%, with a median house buy price of $665,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$595,000
$642,500
$775,000
$665,000
Suburb Market Profile
Last month Myrtleford had 3 properties available for rent and 34 properties for sale. Median property prices over the last year range from $665,000 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 $410 PW with a rental yield of 4.7%. Myrtleford has seen an annual compound growth rate of 11.9% for houses and 11.0% for units.
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