Property investors who have had real estate in Heathcote, 2233 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.20%
While Heathcote,2233 ranked number 834th in NSW for increase in median house value (annualised) increase, it is ranked 672th over the last 5 years.
Property investors looking for a bargain in Heathcote should be aiming for at least -5.95% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $7560 per annum or $630 every week.
NSW has seen average median house prices change by 5.88% which means that Heathcote, 2233 has done well for property investors by showing a capital gain of 14.23% over the last year
If we look at median property appreciation over just the last three months, Heathcote has given property investors a paper return of 14.92%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in NSW
At number 11th of NSW’s most discounted properties, Heathcote is in the bottom 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
The NSW suburb of Heathcote, 2233 is in the Sutherland Shire local government area.
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