PAYNESVILLE 3880
State: VICPosiProp AI Investment Summary
PAYNESVILLE (VIC 3880) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Down -0.9%, with a median house buy price of $530,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$446,000
$525,000
$699,000
$530,000
Suburb Market Profile
Last month Paynesville had 17 properties available for rent and 85 properties for sale. Median property prices over the last year range from $530,000 for houses to $440,000 for units. If you are looking for an investment property, consider houses in Paynesville rent out for $500 PW with an annual rental yield of 4.8% and units rent for $380 PW with a rental yield of 5.3%. Paynesville has seen an annual compound growth rate of -0.9% for houses and -1.5% for units.