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Investment Property McKinnon, VIC, 3204

Suburb Snapshot

McKinnon is a suburb in the Glen Eira Region of Victoria. McKinnon has a population of 6,062 people and 26.70% of its occupants live in rental accommodation. The median listing price for houses is $1,850,000 and this has changed 4.22% over the past year and changed 3.93% over 2 years.

The median rent in McKinnon for houses is $830 per week and the median rental yield is 2.33%. Stock on the market for houses/townhouses has changed -13.51% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is $650,000 and this has changed -4.35% over the past year. The average unit takes 49 days to sell and the median rent for a unit in McKinnon is $610 per week, producing a rental yield of 4.88%.

Supply & Demand in McKinnon, Glen Eira

1.28%

Current vacancy rate


35

Rental stock available


6,062

Population


26.70%

Rental population


1.14%

Current vacancy rate


790

Rental stock available


140,876

Population


30.13%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for McKinnon, Glen Eira

  House Townhouses Units
Median listing price $1,850,000 $990,000 $650,000
Median price change - last quarter 4.34% 1.05% 0.00%
Median price change - 1 year 4.22% 0.00% -4.35%
Median price change - 2 years 3.93% -15.21% -7.81%
  House Townhouses Units
Median weekly rent $830 $850 $610
Median yield % 2.33% 4.46% 4.88%
Median rent change - 1 year 5.06% 6.25% 10.90%
  House Units
Previous month sales 3 0
Stock on market previous month 32 17
Stock variance vs. last year -13.51% -29.17%
Average days on market 69 49

McKinnon investment property listings

Showing 1 of 1 investment properties found in McKinnon on realestateinvestar.com.au

40 Murray Rd, McKinnon

$1,900,000

property pic

A McKinnon Zone Stunner with Poolside Living

Absolutely irresistible, this Tudor inspired four bedroom two bathroom clinker brick heartwarmer is a single level family entertainer in the premier McKinnon Secondary College zone. Completely private behind hedged greenery, this family treasure sparkles with its diamond leadlights, polished ...

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House

VIC 3204


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