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 3.0% and has experienced a 12-month capital growth of Up 2.3%, with a median house buy price of $1,768,888. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,243,000
$1,620,000
$1,900,000
$1,768,888
Suburb Market Profile
Last month Parkville had 44 properties available for rent and 43 properties for sale. Median property prices over the last year range from $1,768,888 for houses to $470,000 for units. If you are looking for an investment property, consider houses in Parkville rent out for $1,050 PW with an annual rental yield of 3.0% and units rent for $570 PW with a rental yield of 6.1%. Parkville has seen an annual compound growth rate of 2.3% for houses and -7.8% for units.
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