If you compare the increase in value of investment property in Heritage Park, 4118 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.76%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Heritage Park has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Heritage Park should be aiming for at least -5.81% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1737 in a list of fastest selling suburbs, Heritage Park is just in the top half of suburbs in Australia with an average of days on market 71.8 for properties listed there.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 2.64%, investors should hope to achieve an overall return of 4.53%