Powered by MOMENTUM MEDIA
AREA REPORTS

Heywood

Suburb Profile

Heywood - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3304

house

HEYWOOD, 3304 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $175,000.

Profits due to an upward trend in home prices in the suburb averaged 2.24% per annum over a 3-year period.

HEYWOOD now ranks at the 592nd place on a list of fastest growing suburbs in the territory.

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

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In HEYWOOD, homes and units usually stay on listing for an average of 58.4 days.

In 2016, 29 properties were sold in HEYWOOD during the past year, making it the 358th most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $175,000 N/A
GROWTH REPORT
Median Quarterly -1.27% N/A
Median 12 month -7.89% N/A
Median 3 years 6.71% N/A
Median 5 years -14.63% N/A
10 years average annual 1.39% N/A
Weekly media advert. rent N/A N/A
Time on Market 58.4 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
2077
Weekly Household Income
764.9
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

PROPERTY SHOWCASE: Investor struggles and how to overcome them

Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...

Commercial v residential investments

Commercial v residential investments

As someone who has invested extensively in both residential and commercial property, I have seen both sides of the fence when it comes to in...

Why commercial property is critical for your portfolio in 2021

Why commercial property is critical for your portfolio in 2021

Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...

Q&A: Scott O’Neill, Rethink Investing

Q&A: Scott O’Neill, Rethink Investing

In this special Q&A, Smart Property Investment speaks to the director of Rethink Investing, Scott O’Neill. ...

Perth

Perth’s sales listings hit 10-year low

Perth is experiencing an “extraordinary” decline in listing volumes, with sales listings hitting a 10-year low in February. ...

Brisbane property market update February 2021

This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.