Glen Eira · 3204
Mckinnon, VIC
5.5% gross yield, listings tightening 6.0% YoY.
NextSuburb scoreTier C
50Average
Median house
$486k
5y growth
-12.4%/yr
Gross yield
5.5%
Vacancy
1.4%
Late-cycle holdMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)-12.4%/yr0/100
- Population growth+7.8% (5y)78/100
- Supply tightening-6.0% YoY80/100
- Rental yield5.5%100/100
- Rental demand1.4% vacancy65/100
- Income growth+19.0% (5y)76/100
- Construction pipelineno nearby pipeline0/100
- Affordability68% under cap68/100
Why this score
Mckinnon scores 50/100 (Average). The two strongest signals: 5.5% gross rental yield and 7.8% population growth over five years. The standout watch-out: 5-year growth of -12.4%/yr trails the national pace.
Drivers
- Rental yield5.5%
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Income growth+19.0% (5y)
Risks
- Modest 5y growth (-12.4%/yr)
- No major construction project in this state
Nearest infrastructure
Suburban Rail Loop East — Cheltenham6.6 km away
Construction · $5.0bn · completion 2035
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
Get an email when Mckinnon’s score crosses a threshold you care about.