Market snapshot
Suburb insights for McKinnon3204
Change suburbMcKinnon is located 12 km south-east of the CBD. It is a small residential suburb with a small commercial district on McKinnon Road. The area features a large amount of open space including Wattle Grove McKinnon Reserve and Allnutt Park. The suburb is served by bus routes and the McKinnon Railway Station.
Sales data
Median sale price
$1.9mil
Quarterly price change
4.3%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | McKinnon | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,695,000 | $807,000 |
| 4 | $1,857,000 | $950,000 |
| Insight | McKinnon | Metro comparison |
|---|---|---|
| Clearance rate | 70.4% | 72.6% |
| Days on market | 56 | 43 |
Rental data
Median weekly rent
$855
Rental yield
2.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | McKinnon | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $750 | $550 |
| 4 | $1,050 | $600 |
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