Property investors who have had real estate in Heatherton, 3202 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 7.54%
Heatherton,3202 has offered an average of 7.54% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Heatherton are currently offering property investors an average price cut of -3.01% below the asking price at the moment.
Often selling an investment property can take time, and in Heatherton the average time real estate has been on the market is 35.09 days.
Advertised rents are around the $550 mark per week – giving a return of 3.49% based on the median price in Suburb
Giving property investors a a poor capital gain of -7.78% for the last year, Heatherton, 3202 is the 1509th highest performer in Australia in this respect.
The five-year average increase in median property values for Heatherton,3202 has given property investors a potential capital gain of 21.17% across each of those five years.
Property investors should expect to get $380 weekly from the median priced house in this suburb.