With a capital gain of 13.81% for the last 12 months, Heidelberg Heights, 3081 has performed for property investments than its average annual 9.06% property growth over the last 5 years.
The five-year average increase in median property values for Heidelberg Heights,3081 has given property investors a potential capital gain of 56.63% across each of those five years.
Sellers are offering property buyers an average discount of -2.52% to buyers in Heidelberg Heights at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.
Giving property investors a an average capital gain of 4.41% for the last year, Heidelberg Heights, 3081 is the 808th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Heidelberg Heights has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Heidelberg Heights should be aiming for at least -6.02% off the asking price, which is the average vendor discount being achieved at the moment.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 5.60%.