Heidelberg Heights
3081 VIC
Heidelberg Heights, VIC 3081 is a suburb with a growing population and a diverse age distribution, with a significant number of residents in their 20s and 30s. The median household income is relatively high, indicating a well-off community. The top three occupations in the suburb are professionals, managers, and technicians/tradeworkers.
For houses, Heidelberg Heights presents a good opportunity for investors interested in renovating properties, given the high sale price IQR ratio. Additionally, the suburb has shown a consistent median growth rate over the years, making it potentially lucrative for long-term investments. For units, the market absorption rate is high, indicating strong demand, which can be appealing to investors seeking rental income.
Heidelberg Heights, VIC 3081, offers a mix of opportunities for both homeowners and investors. With a favourable demographic profile and proximity to amenities and transport options, it presents a promising prospect for those looking to establish a residence or grow their property portfolio.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Heidelberg Heights houses.
Median Price
$931k
# Sales
123
12M Growth
8.3%
10Y Ave Growth
3.5%
Why Buyers Look Here
Tight supply — Only 1.4% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 24 days — high buyer competition.
Affluent area — IRSAD rank 75/10 — high socio-economic advantage.
Capital Growth
Pricing and long-term growth profile for Heidelberg Heights houses.
Median Price
$931k
# Sales
123
12M Growth
8.3%
10Y Ave Growth
3.5%
Rental Market
Yield, rental pricing and vacancy performance for Heidelberg Heights houses.
Weekly Rent
$695
Rental Yield
3.9%
Vacancy Rate
2.5%
Rentals Last 12M
197
Supply & Demand
Stock levels, days on market and selling conditions for Heidelberg Heights.
Stock on Market
1.4%
Days on Market
24
Building Approvals
1.5%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Heidelberg Heights.
Population
6,758
Owner Occupiers
56%
Median Income
$94k
IRSAD Rank
75
Recent Sales
Recently sold properties in Heidelberg Heights.
