Heathwood is in the bottom 20% in QLD when comparing median price capital growth over the last year. Heathwood gave property investors a dismal capital gain figure when compared to the rest of the state, with 1.26%.
The five-year average increase in median property values for Heathwood,4110 has given property investors a potential capital gain of 4.49% across each of those five years.
Sellers are offering property buyers an average discount of -2.93% to buyers in Heathwood at the moment, which is less than average for the rest of QLD.
At number 1351 in a list of fastest selling suburbs, Heathwood is in the TOP 40% of suburbs in Australia with an average of days on market 47.6032 for properties listed there.
Situated 18.81km from the CBD, Heathwood is one of Brisbane (C) localities in the postcode 4110.
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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.