Giving property investors a a solid capital gain of 23.60% for the last year, Meadow Heights, 3048 is the 220th highest performer in Australia in this respect.
Meadow Heights,3048 has offered an average of 23.60% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -3.15% to buyers in Meadow Heights at the moment, which is less than average for the rest of VIC.
With the median price for a house in Meadow Heights being $485125 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.75%
Meadow Heights, 3048 ranked 65th in VIC when comparing growth in median property values or capital gain over the last 12 months. Meadow Heights is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Meadow Heights has increased when compared to the 5 year average annual rate.
Property buyers and investors in Meadow Heights 3048 should be seeing an average reduction in asking price of around -2.93% . This means that Meadow Heights is holding prices well when compared to other suburbs in VIC.
At number 416 in a list of fastest selling suburbs, Meadow Heights is in the TOP 30% of suburbs in Australia with an average of days on market 54.68 for properties listed there.
Situated 18.45km from the CBD, Meadow Heights is one of Hume localities in the postcode 3048.