Meadow Heights has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 18.06% to date .
Meadow Heights,3048 was ranked 364 in Australia by increase in median property value over the quarter.
Meadow Heights, 3048 is offering VIC ‘s 584th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
Often selling an investment property can take time, and in Meadow Heights the average time real estate has been on the market is 48.55 days.
Advertised rents are around the $350 mark per week – giving a return of 4.33% based on the median price in Suburb
At number 384th in the list of Australian suburbs ordered by increase in median house value over the last year, Meadow Heights, 3048 is in the top 30% with a property value increase of 12.07% recorded in median house prices.
Comparing Meadow Heights,3048 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -2.43% to buyers in Meadow Heights at the moment, which is less than average for the rest of VIC.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.44%, without taking into account capital value appreciation, which has been averaging out at 5.27%.