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Mckinnon
VIC, 3204 - Glen Eira

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.

Household Makeup

Median Weekly Rent $550.00
Median Monthly Mortgage $2700.00
Median Persons Per Bedroom 0.90
Average Household Size 3.00
Average Age 41.00
Average Income $1037.00
Average Cars Per Dwelling 1.92
Average Properties Within 50M 45

Housing Stock

Average Property Prices

1 Bed  $1,351,000
2 Bed  $1,613,000
3 Bed  $2,199,000
4 Bed  $2,670,000
5 Bed  $3,287,000
6 Bed+$2,707,000

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

Fletchers 43 EXHIBITION ST, MCKINNON, VIC, 3204 Beds3 Bathrooms1 For Sale $1,350,000
Harcourts UNIT 2, 1 GLEN ORME AV, MCKINNON, VIC, 3204 Beds4 Bathrooms2 Parking 1
Harcourts LEVEL 4, APARTMENT 404, 270B MCKINNON RD, MCKINNON, VIC, 3204 Beds3 Bathrooms2 Parking 2 $899,000-$919,000
Harcourts UNIT 21B, 21A LYSBETH ST, MCKINNON, VIC, 3204 Beds Bathrooms Expressions of Interest
Professionals 14 HAWTHORN GR, MCKINNON, VIC, 3204 Beds4 Bathrooms2 Parking 2 AUCTION(UNLESS SOLD PRIOR) $1,350,000-$1,470,000
Professionals UNIT 6, 24 STATION AV, MCKINNON, VIC, 3204 Beds2 Bathrooms2 Parking 1 Reserve Within the Range - $730,000-$790,000
Professionals 251 JASPER RD, MCKINNON, VIC, 3204 Beds2 Bathrooms1 Parking 2 Make Your Offer
Professionals 10 MCKINNON RD, MCKINNON, VIC, 3204 Beds4 Bathrooms3 Parking 2 Price: Contact Agent
Stockdale&Leggo FLAT 8, 32 PRINCE EDWARD AV, MCKINNON, VIC, 3204 Beds3 Bathrooms1 Parking 2 Sale By 12/11 5pm $1.90M - $1.99M
Woodards 257 JASPER RD, MCKINNON, VIC, 3204 Beds Bathrooms $880,000

Local Schools

Mckinnon Secondary College

Ormond Primary School

Mckinnon Primary School

St Kevin's School

Divrei Emineh

Valkstone Primary School

Katandra School

Bentleigh West Primary School

St Finbar's School

Kilvington Grammar School

(While the above schools are located with the suburb of Mckinnon there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mckinnon weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.515.026.942.886.14.925.0
Feb1.715.126.445.087.04.721.1
Mar1.414.024.247.387.94.516.3
Apr2.111.120.75191.33.911.8
May1.89.017.257.190.84.28.5
Jun1.86.714.663.893.53.97.3
Jul1.76.814.360.590.84.87.5
Aug1.87.314.956.390.25.010.2
Sept1.98.717.650.589.45.014.6
Oct2.09.820.448.289.94.719.6
Nov2.511.822.347.088.74.822.8
Dec2.213.524.744.187.24.825.7

source: Australian Government Bureau of Meteorology


Internet Speed

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Nearby Suburbs

OrmondBentleighGlen HuntlyBrighton EastCaulfield SouthCarnegieBentleigh EastGardenvaleCaulfieldMurrumbeena

Public Transport


General Points of Interest

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