If you compare the increase in value of investment property in Heyfield, 3858 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -4.95%.
Comparing Heyfield,3858 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Heyfield are currently offering property investors an average price cut of -4.76% below the asking price at the moment.
Often selling an investment property can take time, and in Heyfield the average time real estate has been on the market is 119.47 days.
Using the current median advertised rental of $245 and the average annual increase in value of a median property of 3.02%, investors should hope to achieve an overall return of 6.98%