Heathmont is in the bottom 40% in VIC when comparing median price capital growth over the last year. Heathmont gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.05%.
A 62.14% growth in median value for property investors in Heathmont,3135 puts this suburb at number 440th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Heathmont should be aiming for at least -3.19% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 103 properties changed hands in Heathmont, which puts it as the 248th most active market in VIC when comparing the number of sales per suburb.
Giving property investors a a solid capital gain of 14.09% for the last year, Heathmont, 3135 is the 243th highest performer in Australia in this respect.
Over the longer term, Heathmont has seen property prices show investors a 36.12% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -2.53% to buyers in Heathmont at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 8.53%, investors should hope to achieve an overall return of 3.07%