How Much is My Home Worth in Meadow Heights?
The median price for a house in Meadow Heights is $472,000 as of February 5, 2020. A median-priced unit is $383,000. There have been 116 houses and 23 units sold in the last year. Of the house sales, 21 were four bedrooms. It takes on average 81 days to sell a house and 75 days to sell a unit. The annual capital growth for homes is 5.25% and units is 4.35%. The 12-month capital growth is -6.12% on houses and -4.55% for units.
The Demand to Supply Ratio or DSR rating puts homes as above average and units as good. Effectively the market is saying there are more buyers than sellers. Vendors are more often than not getting their asking price. If you were to purchase or invest in a property in Meadow Heights the capital growth should stay ahead of the national average.
House prices and rent returns in Meadow Heights.
- 3 bedroom home $458,000 Rent per week $360
- 4 bedroom home $567,000 Rent per week $410
Unit prices and rent returns in Meadow Heights.
- 2 bedroom unit No Data Rent per week $350
- 3 bedroom unit $400,000 Rent per week $360
The gross rental yield for houses is 4.13% and for units, it is 5.16% in Meadow Heights.
Free Real Estate Appraisal Meadow Heights
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate.
Free Rental Appraisal Meadow Heights
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? The O’Brien Real Estate Group manage over 3800 homes in Melbourne. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now.
Property Valuation Meadow Heights
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Meadow Heights Primary School
Lifestyle in Meadow Heights
Meadow Heights is located 19 kilometres north of Melbourne’s CBD. At the latest Census there were 14,842 residents recorded. In the south-east corner is the Coolaroo train station which runs along the Craigieburn line. Its neighbouring suburbs include Roxburgh Park, Coolaroo and Attwood. There are 2 reserves called Shankland Boulevard reserve and the Buchan Street reserve.
Schools in Meadow Heights
There are 2 schools in Meadow Heights.
- Bethal Primary School Co-educational
- Meadow Heights Primary School