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.
Recent sales and auction results in McKinnon
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 2/2 Lysbeth St, Mckinnon | 2 |  | Unit | Private Sale | 11/07/2024 | Gary Peer & Associates |
Sales data
Median sale price
$1.7mil
Quarterly price change
-13.7%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | McKinnon | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $1,692,500 | $810,000 |
| 4 | $1,970,000 | $955,000 |
| Insight | McKinnon | Metro comparison |
|---|---|---|
| Clearance rate | 74.1% | 73.8% |
| Days on market | 49.5 | 42 |
Rental data
Median weekly rent
$900
Rental yield
2.5%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | McKinnon | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $750 | $540 |
| 4 | $1,050 | $580 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.