With a capital gain of 7.62% for the last 12 months, Heidelberg, 3084 has performed for property investments than its average annual 9.17% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Heidelberg has given property investors a paper return of 4.15%. This puts Suburb as 165 on a list of fastest fasting appreciating suburbs in VIC
At number 603th of VIC’s most discounted properties, Heidelberg is in the TOP 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 4.58 sales per month, which equates to 55 per year.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 9.17%, investors should hope to achieve an overall return of 2.05%
Heidelberg has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.84% to date .
Across a shorter period, Heidelberg, 3084 has seen a median price increase of -0.54% over the last quarter.
At number 281th of VIC’s most discounted properties, Heidelberg is in the TOP 20% of the state/territory when listing in order of most discounted to least.
At number 460 in a list of fastest selling suburbs, Heidelberg is in the TOP 40% of suburbs in Australia with an average of days on market 62.68 for properties listed there.
Property investors should expect to get $390 weekly from the median priced house in this suburb.