PARKVILLE 3052
State: VICPosiProp AI Investment Summary
PARKVILLE (VIC 3052) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 1.3%, with a median house buy price of $1,768,444. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,074,500
$1,837,500
$2,100,000
$1,768,444
Suburb Market Profile
Last month Parkville had 52 properties available for rent and 43 properties for sale. Median property prices over the last year range from $1,768,444 for houses to $470,000 for units. If you are looking for an investment property, consider houses in Parkville rent out for $1,100 PW with an annual rental yield of 2.8% and units rent for $570 PW with a rental yield of 5.9%. Parkville has seen an annual compound growth rate of 1.3% for houses and -8.7% for units.