Thinking about buying in Mckinnon? Now could not be a better time, with 3632 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,811,000 with prices in this suburb ranging from $344,000 to $9,150,000. Mckinnon is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Mckinnon Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Mckinnon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mckinnon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mckinnon requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Mckinnon

	43 exhibition st, mckinnon, vic, 3204	3	1		Sold
	unit 21b, 21a lysbeth st, mckinnon, vic, 3204				Expressions of Interest
	13 ellindale av, mckinnon, vic, 3204	5	2	2	$1,955,000-$2,150,000
	6 creswick gr, mckinnon, vic, 3204	3	2	4	$1,580,000-$1,730,000
	unit 1, 24 station av, mckinnon, vic, 3204	2	2	1	Auction $830k-$900k unless Sold Prior
	251 jasper rd, mckinnon, vic, 3204	2	1	2	Offer Welcome - $900,000 - $960,000
	257 jasper rd, mckinnon, vic, 3204				$880,000

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