Investment property in Hamlyn Heights 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 1.90%
When looking at the potential capital gains offered to property investors over the last 3 years, Hamlyn Heights comes in at number 111th in VIC.
Property buyers and investors in Hamlyn Heights 3215 should be seeing an average reduction in asking price of around -6.86% . This means that Hamlyn Heights is holding prices well when compared to other suburbs in VIC.
If you compare the increase in value of investment property in Hamlyn Heights, 3215 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 15.43%.
Across a shorter period, Hamlyn Heights, 3215 has seen a median price increase of 3.49% over the last quarter.
Our latest figures would indicate that property sellers in Hamlyn Heights are currently offering property investors an average price cut of -3.90% below the asking price at the moment.
With the median price for a house in Hamlyn Heights being $445000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 4.27%