Heidelberg is an average performer in VIC when comparing median price capital growth over the last year. Heidelberg gave property investors a average capital gain figure when compared to the rest of the state, with 8.47%.
Taking the average capital gain, or increase in median house value, Heidelberg,3084 has racked up an average of 8.47% over the period. This ranks it number 640th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Heidelberg is giving property investors an average Vendor Discount of around 0.00%. This puts suburb at number 623th in VIC when ranking the most discounted suburbs.
With the median price for a house in Heidelberg being $1101000 and the advertised rent reaching $437.5 the gross rental yield for property investors calculates out to be 2.07%
Investment property in Heidelberg has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.47%
The five-year average increase in median property values for Heidelberg,3084 has given property investors a potential capital gain of 13.68% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Heidelberg, 3084. Typically our figures indicate that -2.97% is being offered, which puts this VIC suburb at 1331th most discounted overall in Australia.
In the last year 63 properties changed hands in Heidelberg, which puts it as the 144th most active market in VIC when comparing the number of sales per suburb.