Property value increases in Heathcote have tracked close to the NSW average of 11.67% over the last 12 months.
Comparing Heathcote,2233 ‘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 -3.89% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 7.28%, investors should hope to achieve an overall return of 3.42%
Heathcote is in the TOP 10% in NSW when comparing median price capital growth over the last year. Heathcote gave property investors a very good capital gain figure when compared to the rest of the state, with 22.77%.
When looking at the potential capital gains offered to property investors over the last 3 years, Heathcote comes in at number 93th in NSW.
At number 71th of NSW’s most discounted properties, Heathcote is in the bottom 30% of the state/territory when listing in order of most discounted to least.
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Located 36km south of Sydney’s CBD, Heathcote sits well away from inner-city life.Close
Nestled between two national parks, the quiet outdoor lifestyle this suburb offers is appealing to many families.
Although nature and parks are right on Heathcote’s doorstep, this doesn’t mean there is a lack of local amenities.
Transport infrastructure connects this outer suburb to Sydney via train or bus.
The nearby Princes Highway means a drive to the CBD will take around 50 minutes.
A good selection of shops are available at John Paul Village, along with three schools, sports grounds, skating rinks, a medical centre, parks and a variety of restaurants.
Heathcote provides mix of old and new, offering a wide variety of available property.
Some three-bedroom family houses sell for as little as $415,000, however, more prestigious four-bedroom homes on large properties can cost upwards of $800,000