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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 $1,895,000 and this has changed 8.28% over the past year and changed 0.26% over 2 years.

The median rent in McKinnon for houses is $780 per week and the median rental yield is 2.14%. Stock on the market for houses/townhouses has changed -12.20% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $680,000 and this has changed -3.55% over the past year. The average unit takes 75 days to sell and the median rent for a unit in McKinnon is $540 per week, producing a rental yield of 4.12%.

Supply & Demand in McKinnon, Glen Eira

1.34%

Current vacancy rate


36

Rental stock available


6,062

Population


26.70%

Rental population


1.07%

Current vacancy rate


730

Rental stock available


140,876

Population


30.13%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for McKinnon, Glen Eira

  House Townhouses Units
Median listing price $1,895,000 $990,000 $680,000
Median price change - last quarter 11.47% -5.72% 0.00%
Median price change - 1 year 8.28% -15.75% -3.55%
Median price change - 2 years 0.26% -16.46% 4.61%
  House Townhouses Units
Median weekly rent $780 $800 $540
Median yield % 2.14% 4.20% 4.12%
Median rent change - 1 year 13.04% 14.28% 9.09%
  House Units
Previous month sales 3 3
Stock on market previous month 36 20
Stock variance vs. last year -12.20% 11.11%
Average days on market 66 75

McKinnon investment property listings

Showing 5 of 56 investment properties found in McKinnon on realestateinvestar.com.au

19 Lord St, McKinnon

$2,400,000

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A Grand McKinnon Zone Family Haven

This breathtakingly luxurious Georgian-style residence enjoys a prime position in the sought-after McKinnon Secondary College zone, complete with a convenient shortcut at the road's end for an easy walk to school. Crafted with an astute sense of style and no expense spared, the north-facing home's ...

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VIC 3204


109/270B McKinnon Rd, McKinnon

$690,000

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The Brief: Embrace luxury and convenience lifestyle in Mckinnon

Its Addressed: Residing within McKinnon's vibrant heart and Mckinnon school zone, this meticulous apartment delivers a lifestyle of ease from its enviable setting, presenting a harmonious blend of faultless functionality and contemporary excellence. Opening with crisp white walls and ...

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Unit

VIC 3204


206/236 Jasper Rd, Mckinnon

$760,000

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Completion due Q3 2021!

Apartment 206 presents a unique opportunity for a discerning purchaser to secure this apartment while maximizing stamp duty savings for local purchasers! Located on the corner of Jasper and McKinnon Roads, MCKN offers a new standard of apartment living in the area. Modern and low maintenance ...

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Unit

VIC 3204


106/236 Jasper Rd, Mckinnon

$755,000

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HUGE 2 bedroom light filled apartment!

106/236 JASPER ROAD, MCKINNON Come home to luxury in this spacious 2 bedroom apartment combining natural textures and quality finishes, featuring timber flooring and wool-blend carpets. Considered design with a meticulous attention to detail boasts generous amounts of storage, floor to ceiling ...

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Unit

VIC 3204


7/9 Station Ave, McKinnon

$900,000

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Bespoke Luxury Townhouses In Mckinnon School Zone

Welcome to this stunning brand-new townhouse development consisting of eight homes on freehold titles, located just two minutes' walk away from the McKinnon Train Station. With variety of floorplans to suit your family needs, this townhouse boast 2 bedrooms, 1 bathroom plus powder room and a ...

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Townhouse

VIC 3204


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