PARKDALE 3195
State: VICPosiProp AI Investment Summary
PARKDALE (VIC 3195) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 11.1%, with a median house buy price of $1,622,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,500,000
$1,387,001
$1,730,000
$1,622,000
Suburb Market Profile
Last month Parkdale had 26 properties available for rent and 59 properties for sale. Median property prices over the last year range from $1,622,000 for houses to $770,000 for units. If you are looking for an investment property, consider houses in Parkdale rent out for $790 PW with an annual rental yield of 3.1% and units rent for $550 PW with a rental yield of 3.8%. Parkdale has seen an annual compound growth rate of 11.1% for houses and -1.8% for units.