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
$1.8mil
Annual price change
-8.5%
Metro Melbourne Comparison
$923k
-2%
| Bedrooms | McKinnon | Metro comparison |
|---|---|---|
| 2 | - | $881,200 |
| 3 | $1,730,000 | $810,000 |
| 4 | $1,857,000 | $942,350 |
| Insight | McKinnon | Metro comparison |
|---|---|---|
| Clearance rate | 72.7% | 78.5% |
| Days on market | 55 | 42 |
Rental data
Median weekly rent
$800
Rental yield
2.3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | McKinnon | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $750 | $550 |
| 4 | $900 | $600 |
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