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 $166,000.

Profits due to an downward trend in home prices in the suburb averaged -0.4% per annum over a 3-year period.

Because of this real estate investors could earn a rental income of $225 based on current median home prices.

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 133.0 days.

In 2016, 24 properties were sold in HEYWOOD during the past year, making it the 397th 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	$166,000	N/A
GROWTH REPORT
Median Quarterly	N/A	N/A
Median 12 month	-3.77%	N/A
Median 3 years	-1.19%	N/A
Median 5 years	-0.9%	N/A
10 years average annual	2.58%	N/A
Weekly media advert. rent	$225	N/A
Time on Market	133.0 days	N/A
Gross Rental Yield Percent	7.05%	N/A

demographics (median values)

Total Population

2077

Weekly Household Income

764.9

Household Size

2.40

demographics

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