merrigum 3618
State: VICPosiProp AI Investment Summary
merrigum (VIC 3618) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.9% and has experienced a 12-month capital growth of Up 47.7%, with a median house buy price of $413,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$345,000
$412,000
$980,000
$413,500
Suburb Market Profile
Last month Merrigum had 1 property available for rent and 5 properties for sale. Median sold prices over the last year is $413,500 for houses. If you are looking for an investment property, consider houses in Merrigum rent out for $350 PW with an annual rental yield of 5.9% and units rent for $440 PW with a rental yield of 5.5%. Merrigum has seen an annual compound growth rate of 47.7% for houses.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC