If you compare the increase in value of investment property in Heatherton, 3202 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 20.75%.
Heatherton,3202 was ranked 469 in Australia by increase in median property value over the quarter.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.98%, without taking into account capital value appreciation, which has been averaging out at 7.54%.
VIC has seen average median house prices change by 6.72% which means that Heatherton, 3202 has done well for property investors by showing a capital gain of 1.28% over the last year
Heatherton is 83th on a list of best yielding suburbs for rents in VIC with a 4.82% return