Property value increases in Healesville have tracked close to the VIC average of -1.79% over the last 12 months.
The five-year average increase in median property values for Healesville,3777 has given property investors a potential capital gain of 48.39% across each of those five years.
At number 99th of VIC’s most discounted properties, Healesville is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $400 mark per week – giving a return of 3.62% based on the median price in Suburb
Property value increases in Healesville have tracked just lower than the VIC average of 0.68% over the last 12 months.
While Healesville,3777 ranked number 21th in VIC for increase in median house value (annualised) increase, it is ranked 223th over the last 5 years.
The most recent median price for Healesville is $420000, with sellers offering an average of -7.64% off the asking price.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.58%, without taking into account capital value appreciation, which has been averaging out at 3.88%.
Information supplied by:
Healesville, VIC – Prices drop over the April quarter
Median house price: $566,000
Three-year growth: 28.6%
Rental yield: 3.6%
A known foodie scene in Victoria’s Yarra Valley, the suburb of Healesville is home to some notable names in the wine industry, including Domaine Chandon, Rochford Wines and Coldstream Hills.
However, it’s not just food and drinks at Healesville – this suburb is also a collective of artists who showcase their talent in the local galleries and studios. Tali and Tim’s glassblowing studio is a must-see for visitors, and there are many handicrafts shops in town. Nature takes centre stage in the Healesville Sanctuary, which get one up close and personal with birds of prey and other wildlife.
Healesville’s house market took a tumble when values fell by 5.0% in the April 2019 quarter.