Property value increases in Heidelberg have tracked close to the VIC average of 8.12% over the last 12 months.
If we look at median property appreciation over just the last three months, Heidelberg has given property investors a paper return of 1.24%. This puts Suburb as 404 on a list of fastest fasting appreciating suburbs in VIC
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.
The VIC suburb of Heidelberg, 3084 is in the Banyule local government area.
Over the last year, property investments in Heidelberg, 3084 have given investors a capital gain of 2.15%. This compares averagely with the 2.98% for VIC as a whole.
While Heidelberg,3084 ranked number 268th in VIC for increase in median house value (annualised) increase, it is ranked 156th over the last 5 years.
Sellers are offering property buyers an average discount of -2.90% to buyers in Heidelberg at the moment, which is less than average for the rest of VIC.
Heidelberg is 263th on a list of best yielding suburbs for rents in VIC with a 3.71% return