With a capital gain of 0.68% for the last 12 months, Heathcote, 2233 has performed for property investments than its average annual 6.55% property growth over the last 5 years.
Over the longer term, Heathcote has seen property prices show investors a 37.24% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.84% to buyers in Heathcote at the moment, which is less than average for the rest of NSW.
At number 1033th in the list of Australian suburbs ordered by increase in median house value over the last year, Heathcote, 2233 is in the BOTTOM 50% with a property value increase of 0.38% recorded in median house prices.
LACK OF BUYER INTEREST may well be the reason that Heathcote is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 42th in terms of most discounted suburbs in NSW
At number 294 in a list of fastest selling suburbs, Heathcote is in the TOP 20% of suburbs in Australia with an average of days on market 54.25 for properties listed there.
Heathcote is 368th on a list of best yielding suburbs for rents in NSW with a 3.88% return
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