Giving property investors a an average capital gain of 6.02% for the last year, Heathcote, 2233 is the 1939th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Heathcote has increased when compared to the 5 year average annual rate.
Property buyers and investors in Heathcote 2233 should be seeing an average reduction in asking price of around -6.44% . This means that Heathcote is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $7200 per annum or $600 every week.
Property value increases in Heathcote have tracked lower than the NSW average of 8.14% over the last 12 months.
A 41.69% growth in median value for property investors in Heathcote,2233 puts this suburb at number 328th in terms of best performing suburbs in NSW
Heathcote2233 is located in NSW which offers an average discount of -4.45% to property investors. Heathcote itself is showing figures that indicate -6.02% is the average achievable by property buyers investing in the suburb.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.90%, without taking into account capital value appreciation, which has been averaging out at 5.52%.
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