With a capital gain of 5.34% for the last 12 months, Meadow Heights, 3048 has performed for property investments than its average annual 4.97% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Meadow Heights,3048 has racked up an average of 5.34% over the period. This ranks it number 2114th in the whole country for real estate investors looking at median house price increases.
At number 395th of VIC’s most discounted properties, Meadow Heights is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.97%, investors should hope to achieve an overall return of 4.84%
With a capital gain of 7.14% for the last 12 months, Meadow Heights, 3048 has performed for property investments than its average annual 6.62% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Meadow Heights has given property investors a paper return of 3.45%. This puts Suburb as 69 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 -3.95% below the asking price at the moment.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.55%, without taking into account capital value appreciation, which has been averaging out at 6.62%.