Is NEWMERELLA a good suburb for positive geared property investment in Australia?

NEWMERELLA in VIC currently features property rental yields up to 4.6% with a 12-month capital growth value of Up 18.6%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in NEWMERELLA 3886?

The median house price in NEWMERELLA 3886 is approximately $590,000 based on the latest tracked market indices.

Investment Spotlight • Australia

NEWMERELLA 3886

State: VIC

Updated: 8 April 2026

PosiProp AI Investment Summary

NEWMERELLA (VIC 3886) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 18.6%, with a median house buy price of $590,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

–

Not available 5.4% Yield

3 house • buy

$570,000

Up 14.6% 4.7% Yield

4 house • buy

$685,000

Down -19.4% 4.0% Yield

all house • buy

$590,000

Up 18.6% 4.6% Yield

Suburb Market Profile

Last month Newmerella had 1 property available for rent and 4 properties for sale. Median sold prices over the last year is $590,000 for houses. If you are looking for an investment property, consider houses in Newmerella rent out for $448 PW with an annual rental yield of 4.6% and units rent for $225 PW with a rental yield of 7.7%. Newmerella has seen an annual compound growth rate of 18.6% for houses.

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