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 6.1% and has experienced a 12-month capital growth of Up 24.1%, with a median house buy price of $360,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$150,000
$345,000
$532,500
$360,000
Suburb Market Profile
Last month Merrigum had 2 properties available for rent and 6 properties for sale. Median sold prices over the last year is $360,000 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 6.1% and units rent for $440 PW with a rental yield of 5.4%. Merrigum has seen an annual compound growth rate of 24.1% for houses.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC