PARK ORCHARDS 3114
State: VICPosiProp AI Investment Summary
PARK ORCHARDS (VIC 3114) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Down -0.5%, with a median house buy price of $1,963,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,550,000
$1,862,500
$2,050,000
$1,963,500
Suburb Market Profile
Last month Park Orchards had 2 properties available for rent and 18 properties for sale. Median sold prices over the last year is $1,963,500 for houses. If you are looking for an investment property, consider houses in Park Orchards rent out for $1,250 PW with an annual rental yield of 3.4%. Park Orchards has seen an annual compound growth rate of -0.5% for houses.
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