Harkness is located in Melton's North West and is ever popular with Renters and Buyers alike for its close proximity to parklands and school zones.
Harkness has 314 properties available for sale. The median property price for a house is currently $560,000 with annual capital growth of 10.24% . There were 289 house sales in the past 12 months. On average, houses spend 18 days on market.
If you're thinking about buying an investment property in Harkness, consider that rental yields for houses are currently 3.49% with an average median rent of $365 weekly. Houses have seen 3.70% growth in the past quarter, and 10.24% growth in the past 12 months.
The size of Harkness is approximately 17.9 square kilometres. It has 6 parks covering nearly 1.5% of total area. The population of Harkness in 2011 was 14,171 people. By 2016 the population was 17,621 showing a population growth of 24.3% in the area during that time. The predominant age group in Harkness is 0-9 years.
Households in Harkness are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harkness work in a trades occupation. In 2011, 75% of the homes in Harkness were owner-occupied compared with 71.6% in 2016.