Heathwood is in the bottom 30% in QLD when comparing median price capital growth over the last year. Heathwood gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.74%.
Taking the average capital gain, or increase in median house value, Heathwood,4110 has racked up an average of -2.74% over the period. This ranks it number 2439th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Heathwood is $569000, with sellers offering an average of -4.03% off the asking price.
Residents and property investors in Heathwood have been waiting around 113.044 days to sell a property.
Advertised rents are around the $480 mark per week – giving a return of 4.39% based on the median price in Suburb
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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.