Townhouse Investment Property in McKinnon, VIC (4.41% Yield) | Aus Investment Properties - Photo 1

Unit 8 9 Station Avenue, McKinnon VIC 3204

McKinnon, Glen Eira, VIC, Australia, 3204

$ 944,000

McKinnon, Glen Eira, VIC, Australia, 3204
Townhouse Investment Property in McKinnon, VIC (4.41% Yield) | Aus Investment Properties - Photo 1
Townhouse Investment Property in McKinnon, VIC (4.41% Yield) | Aus Investment Properties - Photo 1

Property Images

Townhouse Investment Property in McKinnon, VIC (4.41% Yield) | Aus Investment Properties - Photo 1
  • Townhouse
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 1
  • Cars
  • 84

Details

Updated on Oct 08, 2026

Property Type: Townhouse
Price: $ 944,000
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 800
Gross Per Annum: $ 41,600
Gross Yield: 4.41%
Capital Growth 12 Months: -1.80%
10Yr Annualised Growth: 3.45%
Vacancy Rate: 1.03%
Property Size: 84 m2
Land Area: N/A
Bedrooms: 2
Bathrooms: 1
Parking: 1
Title Status: Completed
Property ID: 39740
SKU: 1065

Description

Townhouse investment property in McKinnon. This double-storey 2-bedroom, 1-bathroom townhouse offers 84 m2 of internal living, with parking for one car. It is construction complete.

McKinnon is an established suburb in Melbourne's inner south-east, with rail access via McKinnon Station on the Frankston line. The retail and dining strips along McKinnon Road and Centre Road in Bentleigh are close by, McKinnon Secondary College and other schools serve the area, and North Road and Nepean Highway provide road connectivity.

This townhouse is offered at $944,000, with a rental appraisal of up to $800 per week.

A double-storey townhouse with separate living and sleeping zones across two levels offers low-maintenance living that appeals to couples, professionals and downsizers, supporting steady rental demand.

A completed, brand-new townhouse in an established suburb in Melbourne's south-east can add reliable rental demand and a low-maintenance holding to an investment portfolio.

Features

  • 1 Bath
  • 1 Car
  • 2 Bed
  • Townhouse
  • Double Storey

Floor plans

Townhouse Investment Property in McKinnon, VIC (4.41% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

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Address Unit 8 9 Station Avenue, McKinnon VIC 3204
City Glen Eira
State VIC
Postcode 3204
Suburb McKinnon
Region Melbourne

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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