TONGALA 3621
State: VICPosiProp AI Investment Summary
TONGALA (VIC 3621) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.0% and has experienced a 12-month capital growth of Up 13.7%, with a median house buy price of $513,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$336,750
$531,000
$596,000
$513,000
Suburb Market Profile
Last month Tongala had 0 properties available for rent and 11 properties for sale. Median property prices over the last year range from $513,000 for houses to $415,000 for units. If you are looking for an investment property, consider houses in Tongala rent out for $410 PW with an annual rental yield of 5.0% and units rent for $470 PW with a rental yield of 4.2%. Tongala has seen an annual compound growth rate of 13.7% for houses and 54.0% for units.
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