VIC has seen average median house prices change by 4.75% which means that Heathmont, 3135 has done well for property investors by showing a capital gain of -0.54% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Heathmont has increased when compared to the 5 year average annual rate.
The most recent median price for Heathmont is $920000, with sellers offering an average of -9.44% off the asking price.
Often selling an investment property can take time, and in Heathmont the average time real estate has been on the market is 46.84 days.
At number 402th in the list of Australian suburbs ordered by increase in median house value over the last year, Heathmont, 3135 is in the top 30% with a property value increase of 7.31% recorded in median house prices.
While Heathmont,3135 ranked number 243th in VIC for increase in median house value (annualised) increase, it is ranked 43th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Heathmont is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 90th in terms of most discounted suburbs in VIC
Situated 24.56km from the CBD, Heathmont is one of Maroondah (C) localities in the postcode 3135.