The suburb’s capital gain of 1.42% for the past year is higher than average compared to its 2% growth within a five-year period.
Also in HEYFIELD, the median home price is sitting at $178,500, and the average rent at $250, this suggests property owners could potentially earn a 7.28% increase in gross rental yield.
Property investors have seen a -3.12% drop in HEYFIELD based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.67% growth over a ten-year period. It ranks 2840th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.42%||N/A|
|Median 3 years||-3.51%||N/A|
|Median 5 years||2%||N/A|
|10 years average annual||2.67%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||129.3 days||N/A|
|Gross Rental Yield Percent||7.28%||N/A|