At number 1677th 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 6.87% 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.
Meadow Heights, 3048 is offering VIC ‘s 432th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
In the last year 151 properties changed hands in Meadow Heights, which puts it as the 160th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $340 mark per week – giving a return of 4.94% based on the median price in Suburb
Meadow Heights, 3048 ranked 147th in VIC when comparing growth in median property values or capital gain over the last 12 months. Meadow Heights is one of 2098 in our list for VIC
While Meadow Heights,3048 ranked number 81th in VIC for increase in median house value (annualised) increase, it is ranked 290th over the last 5 years.
Our latest figures would indicate that property sellers in Meadow Heights are currently offering property investors an average price cut of -5.10% below the asking price at the moment.
In the last year 37 properties changed hands in Meadow Heights, which puts it as the 221th most active market in VIC when comparing the number of sales per suburb.