Property investors who have had real estate in Heidelberg West, 3081 should be 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 11.95%
Heidelberg West,3081 was ranked 2013 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Heidelberg West should be aiming for at least -6.80% off the asking price, which is the average vendor discount being achieved at the moment.
Heidelberg West is 454th on a list of best yielding suburbs for rents in VIC with a 2.76% return
At number 79th in the list of Australian suburbs ordered by increase in median house value over the last year, Heidelberg West, 3081 is in the top 10% with a property value increase of 22.03% recorded in median house prices.
If we look at median property appreciation over just the last three months, Heidelberg West has given property investors a paper return of 3.34%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in VIC
Heidelberg West3081 is located in VIC which offers an average discount of -5.08% to property investors. Heidelberg West itself is showing figures that indicate -11.49% is the average achievable by property buyers investing in the suburb.
Situated 10.93km from the CBD, Heidelberg West is one of Banyule localities in the postcode 3081.