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 Up 4.8%, with a median house buy price of $550,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$510,000
$540,000
$589,000
$550,000
Suburb Market Profile
Last month Paynesville had 19 properties available for rent and 60 properties for sale. Median property prices over the last year range from $550,000 for houses to $423,750 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 5.9%. Paynesville has seen an annual compound growth rate of 4.8% for houses and -5.7% for units.
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