Heidelberg has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.79% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Heidelberg comes in at number 141th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Heidelberg itself are offering an average vendor discount of -3.30% to real estate investors.
Situated 11.64km from the CBD, Heidelberg is one of Banyule localities in the postcode 3084.
Property investors who have had real estate in Heidelberg, 3084 should be relatively 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 7.64%
While Heidelberg,3084 ranked number 174th in VIC for increase in median house value (annualised) increase, it is ranked 143th over the last 5 years.
Our latest figures would indicate that property sellers in Heidelberg are currently offering property investors an average price cut of 0.00% below the asking price at the moment.
Heidelberg is 274th on a list of best yielding suburbs for rents in VIC with a 3.47% return