HEYFIELD ranks 680th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -2.31% for the past year is lower than average compared to its 2.86% growth within a five-year period.
Also in HEYFIELD, the median home price is sitting at $180,000, and the average rent at $245, this suggests property owners could potentially earn a 7.08% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.28% growth over a ten-year period. It ranks 2273rd on our list of suburbs that property investors should look into.