Property value increases in Heathcote have tracked close to the VIC average of 8.06% over the last 12 months.
Comparing Heathcote,3523 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Heathcote should be aiming for at least -11.00% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3706 in a list of fastest selling suburbs, Heathcote is in the bottom 10% of suburbs in Australia with an average of days on market 163.72 for properties listed there.
With the median price for a house in Heathcote being $273500 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.13%