Property investors have seen a 0.59% 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 $1,192,000
Profits averaged 14.86% 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 $465 based on current median home prices for the suburb.
The gross rental yield in HEIDELBERG, 3084 is 2.03%.
An average of 4.42 real estate transactions take place per month in HEIDELBERG which translates to 53 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.36%||2.84%|
|Median 3 years||44.57%||9.76%|
|Median 5 years||58.93%||19.88%|
|10 years average annual||8.74%||5.62%|
|Weekly media advert. rent||$465||$395|
|Time on Market||49.9 days||49.6 days|
|Gross Rental Yield Percent||2.03%||3.55%|