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 Price | $1,162,014 | $595,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.04% | 8.87% |
| 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% |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...