Property investors who have had real estate in Heidelberg Heights, 3081 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.91%
Over the longer term, Heidelberg Heights has seen property prices show investors a 39.83% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.84% to buyers in Heidelberg Heights at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Heidelberg Heights, 3081 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -15.57%.
When looking at the potential capital gains offered to property investors over the last 3 years, Heidelberg Heights comes in at number 334th in VIC.
Property investors looking for a bargain in Heidelberg Heights should be aiming for at least -5.81% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 64 properties changed hands in Heidelberg Heights, which puts it as the 139th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $385 mark per week – giving a return of 4.45% based on the median price in Suburb