Over the last year, property investments in Mckenzie Hill, 3451 have given investors a capital gain of 2.36%. This compares badly with the 6.28% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Mckenzie Hill,3451 has racked up an average of 2.36% over the period. This ranks it number 2051th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Mckenzie Hill is offering property investors an average of -6.01. This rate of discount on properties puts Suburb at number 483th in terms of most discounted suburbs in VIC
Mckenzie Hill is 322th on a list of best yielding suburbs for rents in VIC with a 3.68% return