merrijig 3723
State: VICPosiProp AI Investment Summary
merrijig (VIC 3723) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 39.7%, with a median house buy price of $1,012,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$828,175
$1,002,500
$1,012,500
Suburb Market Profile
Last month Merrijig had 1 property available for rent and 24 properties for sale. Median sold prices over the last year is $1,012,500 for houses. If you are looking for an investment property, consider houses in Merrijig rent out for $595 PW with an annual rental yield of 3.9% and units rent for $395 PW with a rental yield of 4.5%. Merrijig has seen an annual compound growth rate of 39.7% for houses.
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