VIC has seen average median house prices change by 2.87% which means that Heidelberg West, 3081 has done well for property investors by showing a capital gain of -5.23% over the last year
Taking the average capital gain, or increase in median house value, Heidelberg West,3081 has racked up an average of -5.23% over the period. This ranks it number 2683th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.80% to buyers in Heidelberg West at the moment, which is less than average for the rest of VIC.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 2.93%, without taking into account capital value appreciation, which has been averaging out at 6.10%.