Property value increases in Heathwood have tracked just higher than the QLD average of 0.78% over the last 12 months.
Over the longer term, Heathwood has seen property prices show investors a 3.11% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Heathwood are currently offering property investors an average price cut of -5.75% below the asking price at the moment.
At number 2892 in a list of fastest selling suburbs, Heathwood is in the bottom 30% of suburbs in Australia with an average of days on market 102.358 for properties listed there.
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Located about 20 km south of Brisbane, Heathwood is a leafy suburb featuring a number of parks, picnic and barbecue areas and surrounded by bush land.
The Greenbank Military Camp is located nearby, which make the suburb a natural choice for a base for the army personnel and their families. It’s accessible via the Logan Motorway, affording easy commute to either the Brisbane or Logan job markets. Residents also enjoy the facilities at the neighbouring suburb of Forest Lakes.
Property prices were relatively flat between 1979 when median house price were just $7,323 and 2002. Prices started to escalate up until 2008, where it stagnated shortly, before resuming its upward momentum. According to Residex figures, median house prices have achieved annual average growth of 15% since 1979.