Property value increases in Heidelberg Heights have tracked close to the VIC average of 7.68% over the last 12 months.
The five-year average increase in median property values for Heidelberg Heights,3081 has given property investors a potential capital gain of 31.78% 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 Heidelberg Heights, 3081. Typically our figures indicate that -4.07% is being offered, which puts this VIC suburb at 3182th most discounted overall in Australia.
Often selling an investment property can take time, and in Heidelberg Heights the average time real estate has been on the market is 52.77 days.
Situated 10.98km from the CBD, Heidelberg Heights is one of Banyule localities in the postcode 3081.
Heidelberg Heights has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -16.59% to date .
Over the longer term, Heidelberg Heights has seen property prices show investors a 0.00% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Heidelberg Heights is giving property investors an average Vendor Discount of around -6.33%. This puts suburb at number 74th in VIC when ranking the most discounted suburbs.
With the median price for a house in Heidelberg Heights being $440000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.49%