Over the last year, property investments in Meadow Heights, 3048 have given investors a capital gain of 5.78%. This compares badly with the 7.80% for VIC as a whole.
If we look at median property appreciation over just the last three months, Meadow Heights has given property investors a paper return of -0.28%. This puts Suburb as 513 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Meadow Heights are currently offering property investors an average price cut of -4.69% below the asking price at the moment.
Property value increases in Meadow Heights have tracked just higher than the VIC average of 3.63% over the last 12 months.
Taking the average capital gain, or increase in median house value, Meadow Heights,3048 has racked up an average of 5.45% over the period. This ranks it number 1186th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Meadow Heights is $290000, with sellers offering an average of -4.82% off the asking price.
With the median price for a house in Meadow Heights being $290000 and the advertised rent reaching $322.5 the gross rental yield for property investors calculates out to be 5.78%