Heathmont has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.90% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Heathmont comes in at number 143th in VIC.
Heathmont, 3135 is offering VIC ‘s 582th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 2.82%, without taking into account capital value appreciation, which has been averaging out at 9.38%.
Giving property investors a an average capital gain of 1.89% for the last year, Heathmont, 3135 is the 962th highest performer in Australia in this respect.
Across a shorter period, Heathmont, 3135 has seen a median price increase of 1.89% over the last quarter.
Property investors looking for a bargain in Heathmont should be aiming for at least -2.70% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
Property investors should expect to get $370 weekly from the median priced house in this suburb.