Property value increases in Heathcote have tracked close to the NSW average of 11.06% over the last 12 months.
Comparing Heathcote,2233 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -3.77% to buyers in Heathcote at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Heathcote the average time real estate has been on the market is 35.26 days.
Advertised rents are around the $650 mark per week – giving a return of 3.52% based on the median price in Suburb
Property investors who have had real estate in Heathcote, 2233 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.00%
Across a shorter period, Heathcote, 2233 has seen a median price increase of 1.87% over the last quarter.
The most recent median price for Heathcote is $802750, with sellers offering an average of -5.75% off the asking price.
At number 35 in a list of fastest selling suburbs, Heathcote is in the TOP 10% of suburbs in Australia with an average of days on market 26.5 for properties listed there.
A $505 per week rent on the median house gives suburb investors a gross yield of circa 3.27%, without taking into account capital value appreciation, which has been averaging out at 7.34%.
Information supplied by:
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