Property value increases in Mckinnon have tracked just lower than the VIC average of 11.73% over the last 12 months.
The five-year average increase in median property values for Mckinnon,3204 has given property investors a potential capital gain of 85.47% across each of those five years.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
Over the last year, property investments in Mckinnon, 3204 have given investors a capital gain of 34.68%. This compares very favourably with the 6.72% for VIC as a whole.
Across a shorter period, Mckinnon, 3204 has seen a median price increase of 11.33% over the last quarter.
Property investors should expect to get $475 weekly from the median priced house in this suburb.