Property investors have seen a 1.04% gain in HEIDELBERG based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains HEIDELBERG, 3084 saw average growth in the long term.
the VIC suburb also 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 $1,162,014
Profits averaged 14.84% per annum over a 3-year period, due to an upward trend in home prices in HEIDELBERG, 3084.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in HEIDELBERG, 3084 is 2.01%.
An average of 4.83 real estate transactions take place per month in HEIDELBERG which translates to 58 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.61%||11.21%|
|Median 3 years||44.53%||11.58%|
|Median 5 years||51.9%||30.68%|
|10 years average annual||9.66%||6.19%|
|Weekly media advert. rent||$450||$390|
|Time on Market||84.5 days||68.0 days|
|Gross Rental Yield Percent||2.01%||3.41%|