Heidelberg Heights has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.65% to date .
If we look at median property appreciation over just the last three months, Heidelberg Heights has given property investors a paper return of -0.10%. This puts Suburb as 584 on a list of fastest fasting appreciating suburbs in VIC
Heidelberg Heights, 3081 is offering VIC ‘s 492th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Advertised rents are around the $390 mark per week – giving a return of 2.67% based on the median price in Suburb
Over the last year, property investments in Heidelberg Heights, 3081 have given investors a capital gain of -14.37%. This compares very badly with the 4.83% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Heidelberg Heights,3081 has racked up an average of -14.37% over the period. This ranks it number 1434th in the whole country for real estate investors looking at median house price increases.
Heidelberg Heights3081 is located in VIC which offers an average discount of -4.95% to property investors. Heidelberg Heights itself is showing figures that indicate -6.41% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Heidelberg Heights the average time real estate has been on the market is 85.08 days.
Using the current median advertised rental of $382.5 and the average annual increase in value of a median property of 4.06%, investors should hope to achieve an overall return of 4.42%