Property value increases in Heathmont have tracked close to the VIC average of 8.91% over the last 12 months.
If we look at median property appreciation over just the last three months, Heathmont has given property investors a paper return of -0.22%. This puts Suburb as 474 on a list of fastest fasting appreciating suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Heathmont, 3135. Typically our figures indicate that -8.57% is being offered, which puts this VIC suburb at 519th most discounted overall in Australia.
Advertised rents are around the $430 mark per week – giving a return of 2.43% based on the median price in Suburb
Giving property investors a a stable capital gain of 7.10% for the last year, Heathmont, 3135 is the 552th highest performer in Australia in this respect.
The five-year average increase in median property values for Heathmont,3135 has given property investors a potential capital gain of 70.83% across each of those five years.
At number 39th of VIC’s most discounted properties, Heathmont is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 7.20%, investors should hope to achieve an overall return of 2.89%