Investment property in Meadow Heights has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.32%
The five-year average increase in median property values for Meadow Heights,3048 has given property investors a potential capital gain of 14.73% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Meadow Heights, 3048. Typically our figures indicate that -3.79% is being offered, which puts this VIC suburb at 3314th most discounted overall in Australia.
On average over the past year, suburb has had 12.08 sales per month, which equates to 145 per year.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 5.09%.
VIC has seen average median house prices change by 2.98% which means that Meadow Heights, 3048 has done well for property investors by showing a capital gain of 7.14% over the last year
The five-year average increase in median property values for Meadow Heights,3048 has given property investors a potential capital gain of 2.74% across each of those five years.
The most recent median price for Meadow Heights is $300000, with sellers offering an average of -3.36% off the asking price.
The VIC suburb of Meadow Heights, 3048 is in the Hume local government area.