HEATHCOTE ranks 748th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 11.8% for the past year is lower than average compared to its 59.97% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in HEATHCOTE, the median home price is sitting at $995,000, and the average rent at $670, this suggests property owners could potentially earn a 3.5% increase in gross rental yield.
Property investors have seen a 1.32% gain in HEATHCOTE based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on HEATHCOTE, 2233 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.8%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.31% growth over a ten-year period. It ranks 814th on our list of suburbs that property investors should look into.
A 19.62% increase in median property prices in HEATHCOTE, 2233 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 66th.
A steady increase in median property prices over a five-year period in HEATHCOTE, 2233 translates to a 40.09% capital gain.
HEATHCOTE, 2233 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $777,500.
Augmented property values in HEATHCOTE are trailing above the NSW average of 6.64% for the past year.
Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.
Home owners selling their properties and realtors in HEATHCOTE usually have to wait an average of 37.4 days days before their assets are lifted off the market.
HEATHCOTE ranks 373rd on the list of best yielding suburbs for rental properties in NSW, posting a 3.68% return.
HEATHCOTE, 2233 places 435th in Australia based on median property value growth during the quarter.