At number 1999th in the list of Australian suburbs ordered by increase in median house value over the last year, Meadow Heights, 3048 is in the top half with a property value increase of 4.35% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Meadow Heights has increased when compared to the 5 year average annual rate.
Vendor discounting in Meadow Heights is giving property investors an average Vendor Discount of around -4.88%. This puts suburb at number 396th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Meadow Heights the average time real estate has been on the market is 77.62 days.
With the median price for a house in Meadow Heights being $360000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.91%
VIC has seen average median house prices change by 3.19% which means that Meadow Heights, 3048 has done well for property investors by showing a capital gain of 5.36% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Meadow Heights comes in at number 221th in VIC.
At number 161th of VIC’s most discounted properties, Meadow Heights is in the middle of the state/territory when listing in order of most discounted to least.