At number 3824th in the list of Australian suburbs ordered by increase in median house value over the last year, Svensson Heights, 4670 is in the BOTTOM 10% with a property value increase of -9.44% recorded in median house prices.
Over the longer term, Svensson Heights has seen property prices show investors a -9.62% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Svensson Heights should be aiming for at least -8.21% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $285 and the average annual increase in value of a median property of 1.55%, investors should hope to achieve an overall return of 6.31%