Meadow Heights

POSTAL CODE: VIC, 3048
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Property investors enjoyed capital gains of 12.5% over the last 12 months in MEADOW HEIGHTS, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.23% growth over a ten-year period. It ranks 1771st on our list of suburbs that property investors should look into.

MEADOW HEIGHTS, 3048 has a capital gain of 12.5% for the past year, which is higher than average compared to its 35% growth within a five-year period.

With the median home price in MEADOW HEIGHTS sitting at $675,000, and the average rent at $530, property owners could potentially earn a 4.08% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MEADOW HEIGHTS are low, as opposed to average gains per annum over the past five years.

MEADOW HEIGHTS, 3048 in VIC belongs to the local government area of Hume.

Surburb overview

Meadow Heights is a suburb within the City of Hume, approximately 18 kilometres north of Melbourne's Central Business District (CBD). According to the 2021 census, it has a population of 14,890 residents. 

The suburb is well-connected by public transportation. The nearby Coolaroo railway station on the Craigieburn line provides regular train services to the CBD and surrounding areas. Additionally, several bus routes operate within Meadow Heights, offering convenient links to neighbouring suburbs and critical destinations. 

Meadow Heights features several shopping precincts, notably the Meadow Heights Shopping Centre, which offers a variety of retail and dining options. Essential services such as banks, post offices, and supermarkets are available, catering to residents' daily needs. 

The suburb boasts Broadmeadows Valley Park for recreational activities, which provides sports and leisure activities facilities. Parks and green spaces are abundant, contributing to the suburb's appeal for families and outdoor enthusiasts. 

Meadow Heights presents a blend of residential living with convenient access to public transport, essential services, and recreational facilities, making it a well-rounded suburb within Melbourne's northern region. 

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