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City of Glen Eira
McKinnon

McKinnon Property Market
& Suburb Profile

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MEDIAN PRICES IN MCKINNON

Median house price

(all agencies, last 12 months)$1.9m*

House price change

(all agencies, last 12 months)-0.48%

Median unit price

(all agencies, last 12 months)$860k*

Unit price change

(all agencies, last 12 months)+8.18%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MCKINNON PRICE TRACKER

HousesUnits

MCKINNON SALES OVERVIEW

  • Sold by Auction 67%
  • Sold by Private Sale or Other Method 33%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)26

Auction clearance rate in McKinnon

(all agencies, last 12 months)66%

Average held period in McKinnon

(proptrack)12 years

MCKINNON INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$940pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$661pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)2.65%

Average rental yield for Units

(all agencies, last 12 months)3.81%

McKinnon total population size

(as at the last census)6,878

Median household size in McKinnon

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

MCKINNON PROPERTY TYPES

  • Houses 36%
  • Units 31%
  • Other 33%

OCCUPANCY IN MCKINNON

  • Owned 66%
  • Rented 33%
  • Other/Not Stated 1%
  • Singles 18%
  • Families 80%
  • Other 2%

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ABOUT MCKINNON

McKinnon is an affluent and tightly held residential suburb located approximately 12 kilometres southeast of the Melbourne CBD. Historically known for its high-performing schools and heritage character, it has evolved into a sophisticated enclave that balances prestigious period homes with modern, sustainable urban living.

The lifestyle in McKinnon is defined by a sense of quiet exclusivity and active community engagement. Social life is centered on the McKinnon Road shopping village, a refined strip of boutique cafes, artisanal bakeries, and the iconic McKinnon Hotel. For recreation, residents frequent McKinnon Reserve, a major regional hub that offers multi-level adventure playgrounds, a bouldering wall, and premier facilities for football and cricket. Allnutt Park provides a more tranquil escape, featuring lush gardens and extensive walking tracks that are a favorite for local families and dog owners.

A major focus for 2025 is the suburb’s continued evolution under the Bentleigh-McKinnon Major Activity Centre plan. This strategic initiative is managing the sensitive introduction of medium-density townhouses and boutique apartments near the station while preserving the heritage charm of the surrounding "character" streets. Additionally, the suburb benefits from the ongoing East Village urban renewal project in neighbouring Bentleigh East. This $1.25 billion master-planned precinct is delivering new retail, commercial space, and sustainable housing that serves the wider McKinnon community.

Education is the cornerstone of McKinnon’s identity. McKinnon Secondary College remains one of Victoria’s most sought-after public schools, now operating across two modern campuses: the original McKinnon Road site (Years 7 and 10–12) and the newer East Campus (Years 8–9). The school’s 2026 enrolment process is currently a primary focus for local families, with strict "in-zone" residency requirements driving significant property demand. McKinnon Primary School also maintains a stellar reputation, offering a cohesive educational pathway that fosters a strong sense of local belonging.

Connectivity is a hallmark of the suburb. McKinnon Railway Station, rebuilt as part of earlier level crossing removals, offers a direct and frequent 20-minute commute to the CBD. Following the opening of the Metro Tunnel in late 2025, residents now benefit from a "turn-up-and-go" service that provides seamless links to the Parkville medical precinct and the northern suburbs. For motorists, Jasper Road and North Road provide direct access to the Nepean Highway and the Monash Freeway, while several bus routes link the suburb to major regional hubs like Chadstone and Brighton Beach.

From a property perspective, McKinnon is a high-value and resilient market. The combination of elite schooling, world-class transport, and a refined "village" atmosphere ensures McKinnon retains its status as a premier southeastern residential destination.

Education

Mckinnon Secondary College
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SALES COMPARISON

Find out how McKinnon median sales prices compare to neighbouring suburbs.

MCKINNON MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025129$1,355,500-0.48%205$801pw3.23%
2024147$1,297,500-10.00%202$777pw3.38%
2023124$1,423,50011.58%213$738pw3.03%
2022121$1,326,250-2.05%241$668pw2.95%
2021159$1,316,4009.58%266$576pw2.42%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025129$1,355,500-0.48%
2024147$1,297,500-10.00%
2023124$1,423,500+11.58%
2022121$1,326,250-2.05%
2021159$1,316,400+9.58%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025205$801pw3.23%
2024202$777pw3.38%
2023213$738pw3.03%
2022241$668pw2.95%
2021266$576pw2.42%

BROWSE MORE SUBURBS

Bentleigh

Ormond

Bentleigh East

NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.