At number 3609th in the list of Australian suburbs ordered by increase in median house value over the last year, Heidelberg, 3084 is in the BOTTOM 20% with a property value increase of -12.82% recorded in median house prices.
Heidelberg,3084 has offered an average of -12.82% return per annum in house price rises to property investors over the last three years.
Heidelberg3084 is located in VIC which offers an average discount of -6.82% to property investors. Heidelberg itself is showing figures that indicate -8.32% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Heidelberg the average time real estate has been on the market is 73.5 days.
Advertised rents are around the $500 mark per week – giving a return of 2.55% based on the median price in Suburb
With a capital gain of 11.47% for the last 12 months, Heidelberg, 3084 has performed for property investments than its average annual 4.60% property growth over the last 5 years.
While Heidelberg,3084 ranked number 212th in VIC for increase in median house value (annualised) increase, it is ranked 237th over the last 5 years.
Our latest figures would indicate that property sellers in Heidelberg are currently offering property investors an average price cut of -4.81% below the asking price at the moment.
Often selling an investment property can take time, and in Heidelberg the average time real estate has been on the market is 54.6957 days.
With the median price for a house in Heidelberg being $607500 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 3.64%