Mckinnon is an average performer in VIC when comparing median price capital growth over the last year. Mckinnon gave property investors a average capital gain figure when compared to the rest of the state, with 9.66%.
While Mckinnon,3204 ranked number 475th in VIC for increase in median house value (annualised) increase, it is ranked 25th over the last 5 years.
Vendor discounting in Mckinnon is giving property investors an average Vendor Discount of around -10.26%. This puts suburb at number 37th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $650 mark per week – giving a return of 2.01% based on the median price in Suburb
With a capital gain of 6.61% for the last 12 months, Mckinnon, 3204 has performed for property investments than its average annual 4.92% property growth over the last 5 years.
Mckinnon,3204 was ranked 1395 in Australia by increase in median property value over the quarter.
At number 5th of VIC’s most discounted properties, Mckinnon is in the bottom 10% of the state/territory when listing in order of most discounted to least.
The VIC suburb of Mckinnon, 3204 is in the Glen Eira local government area.