Investment property in Heatherton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.86%
While Heatherton,3202 ranked number 305th in VIC for increase in median house value (annualised) increase, it is ranked 364th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Heatherton is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 38th in terms of most discounted suburbs in VIC
Advertised rents are around the $595 mark per week – giving a return of 3.31% based on the median price in Suburb