Over the last year, property investments in Heatley, 4814 have given investors a capital gain of -5.29%. This compares very badly with the 1.66% for QLD as a whole.
Heatley,4814 was ranked 3304 in Australia by increase in median property value over the quarter.
The most recent median price for Heatley is $215000, with sellers offering an average of -9.30% off the asking price.
Often selling an investment property can take time, and in Heatley the average time real estate has been on the market is 75.619 days.
Property investors should expect to get $317.5 weekly from the median priced house in this suburb.
Information supplied by:
Heatley, QLD – Weekends spent by the sea
Median house price: $212,500
Three-year growth: -11.5%
Rental yield: 7.6%
Heatley is a suburb that sits in the heart of Townsville and is located only 8km from the airport. A plethora of restaurants and cafes that are shaded by lush palm trees are in abundance throughout the neighbourhood.
Surrounding Heatley are a handful of shopping outlets and a choice of medical facilities. A local school and secondary college are also in immediate reach. Popular beaches of the sun-basked region are a short drive away, including Rowes Bay, and The Strand, a vibrant strip where you can stroll along the pier and set up a picnic.
Houses are quite affordable at a median price of just a little over $200,000, coupled with a very high rental yield of 7.6%.