Over the last year, property investments in Heyfield, 3858 have given investors a capital gain of 3.80%. This compares badly with the 9.04% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Heyfield has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Heyfield should be aiming for at least -4.19% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Heyfield, 3858 is in the Wellington local government area.