Property investors who have had real estate in Heathmont, 3135 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 12.43%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Heathmont has increased when compared to the 5 year average annual rate.
At number 594th of VIC’s most discounted properties, Heathmont is in the TOP 10% of the state/territory when listing in order of most discounted to least.
In the last year 109 properties changed hands in Heathmont, which puts it as the 245th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $400 mark per week – giving a return of 2.42% based on the median price in Suburb
Property value increases in Heathmont have tracked higher than the VIC average of 4.79% over the last 12 months.
A 50.46% growth in median value for property investors in Heathmont,3135 puts this suburb at number 112th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Heathmont are currently offering property investors an average price cut of -1.99% below the asking price at the moment.
In the last year 36 properties changed hands in Heathmont, which puts it as the 234th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Heathmont being $650000 and the advertised rent reaching $367.5 the gross rental yield for property investors calculates out to be 2.94%