At number 2817th in the list of Australian suburbs ordered by increase in median house value over the last year, Heathcote, 2233 is in the BOTTOM 40% with a property value increase of 0.11% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Heathcote comes in at number 662th in NSW.
Heathcote, 2233 is offering NSW ‘s 370th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.
In the last year 63 properties changed hands in Heathcote, which puts it as the 514th most active market in NSW when comparing the number of sales per suburb.
A $625 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 6.41%.
Investment property in Heathcote has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.15%
While Heathcote,2233 ranked number 225th in NSW for increase in median house value (annualised) increase, it is ranked 261th over the last 5 years.
Vendor discounting in Heathcote is giving property investors an average Vendor Discount of around -6.53%. This puts suburb at number 41th in NSW when ranking the most discounted suburbs.
Heathcote is 349th on a list of best yielding suburbs for rents in NSW with a 3.95% return
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Located 36km south of Sydney’s CBD, Heathcote sits well away from inner-city life.Close
Nestled between two national parks, the quiet outdoor lifestyle this suburb offers is appealing to many families.
Although nature and parks are right on Heathcote’s doorstep, this doesn’t mean there is a lack of local amenities.
Transport infrastructure connects this outer suburb to Sydney via train or bus.
The nearby Princes Highway means a drive to the CBD will take around 50 minutes.
A good selection of shops are available at John Paul Village, along with three schools, sports grounds, skating rinks, a medical centre, parks and a variety of restaurants.
Heathcote provides mix of old and new, offering a wide variety of available property.
Some three-bedroom family houses sell for as little as $415,000, however, more prestigious four-bedroom homes on large properties can cost upwards of $800,000