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Investment Spotlight • Australia
PENNYROYAL 3235
State: VICUpdated: 8 April 2026
PosiProp AI Investment Summary
PENNYROYAL (VIC 3235) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.6% and has experienced a 12-month capital growth of Up 127.6%, with a median house buy price of $1,195,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.
Market Yield & Price Indices
2 house • buy
–
Not available 2.7% Yield
3 house • buy
–
Not available 2.7% Yield
4 house • buy
$1,195,000
Not available 2.6% Yield
all house • buy
$1,195,000
Up 127.6% 2.6% Yield
Suburb Market Profile
Last month Pennyroyal had 0 properties available for rent and 2 properties for sale. Median sold prices over the last year is $1,195,000 for houses. Pennyroyal has seen an annual compound growth rate of 127.6% for houses.
Properties For Sale in PENNYROYAL
0 Listings FoundNo active properties currently crawled in this suburb.