Hamlyn Heights is in the TOP 30% in VIC when comparing median price capital growth over the last year. Hamlyn Heights gave property investors a good capital gain figure when compared to the rest of the state, with 17.95%.
The five-year average increase in median property values for Hamlyn Heights,3215 has given property investors a potential capital gain of 49.26% across each of those five years.
Our latest figures would indicate that property sellers in Hamlyn Heights are currently offering property investors an average price cut of -5.63% below the asking price at the moment.
If you compare the increase in value of investment property in Hamlyn Heights, 3215 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.76%.
Hamlyn Heights,3215 has offered an average of 9.76% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Hamlyn Heights should be aiming for at least -4.39% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Hamlyn Heights have been waiting around 79.08 days to sell a property.
Situated 63.05km from the CBD, Hamlyn Heights is one of Greater Geelong localities in the postcode 3215.