VIC has seen average median house prices change by 9.78% which means that Heywood, 3304 has done well for property investors by showing a capital gain of 4.76% over the last year
Taking the average capital gain, or increase in median house value, Heywood,3304 has racked up an average of 4.76% over the period. This ranks it number 2367th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -12.48% to buyers in Heywood at the moment, which is less than average for the rest of VIC.
Residents and property investors in Heywood have been waiting around 163.57 days to sell a property.
A $200 per week rent on the median house gives suburb investors a gross yield of circa 6.30%, without taking into account capital value appreciation, which has been averaging out at 0.43%.