Giving property investors a an unimpressive capital gain of -2.20% for the last year, Heathcote, 2233 is the 3169th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Heathcote,2233 has racked up an average of -2.20% over the period. This ranks it number 1037th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Heathcote itself are offering an average vendor discount of -5.84% to real estate investors.
A $630 per week rent on the median house gives suburb investors a gross yield of circa 3.68%, without taking into account capital value appreciation, which has been averaging out at 6.54%.
Property value increases in Heathcote have tracked close to the NSW average of 5.73% over the last 12 months.
Heathcote,2233 was ranked 478 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Heathcote is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 18th in terms of most discounted suburbs in NSW
Heathcote, 2233’s gross rental yield is 3.77%
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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