Investment property in Heidelberg Heights has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.41%
Heidelberg Heights,3081 was ranked 1216 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Heidelberg Heights is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 414th in terms of most discounted suburbs in VIC
Property investors should expect to get $362.5 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 somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.97%.
The five-year average increase in median property values for Heidelberg Heights,3081 has given property investors a potential capital gain of 11.84% across each of those five years.
Heidelberg Heights, 3081 is offering VIC ‘s 238th 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.
Residents and property investors in Heidelberg Heights have been waiting around 48.52 days to sell a property.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.77%, without taking into account capital value appreciation, which has been averaging out at 6.26%.