The suburb’s capital gain of 7.34% for the past year is higher than average compared to its 9.83% growth within a five-year period.
Also in HEYFIELD, the median home price is sitting at $190,000, and the average rent at $250, this suggests property owners could potentially earn a 6.84% increase in gross rental yield.
Property investors have seen a -1.04% 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 4.62% growth over a ten-year period. It ranks 1740th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.34%||N/A|
|Median 3 years||6.15%||N/A|
|Median 5 years||9.83%||N/A|
|10 years average annual||4.62%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||121.9 days||N/A|
|Gross Rental Yield Percent||6.84%||N/A|