Heidelberg West VIC 3081

Here you can find what you need to know about Heidelberg West, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$688k Median Sale Price (National Average $485k) 289th In VIC
-5.89% Median Price Change (1 yr) (National Average 4.30%) 2539th In VIC
$379pw Median Rent (National Average $395) 396th In VIC
2.9% Median Gross Yield (National Average 4.24%) 461st In VIC
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Properties sold 68
Average discounting -5.85%
Average Days on Market 59
Stock on Market 1 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Heidelberg West, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Heidelberg West, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Heidelberg West, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Heidelberg West


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State Auction Clearance Rates - June 2019

Auctions Clearance rate
VIC 724 65%
ACT 39 49%
NSW 534 66%
NT 4 0%
QLD 93 40%
SA 80 47%
WA 35 35%

Local Schools


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Suburb Information

Heidelberg West, VIC 3081

Part of: Banyule Council No data available

The size of Heidelberg West is approximately 3.2 square kilometres. It has 8 parks covering nearly 13.1% of total area. The population of Heidelberg West in 2011 was 5,327 people. By 2016 the population was 5,561 showing a population growth of 4.4% in the area during that time. The predominant age group in Heidelberg West is 20-29 years. Households in Heidelberg West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg West work in a professional occupation. In 2011, 38.5% of the homes in Heidelberg West were owner-occupied compared with 37.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Heidelberg West

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Heidelberg West   for Houses in last 12 months


There have been 70 Houses sold in Heidelberg West in the past 12 months with a median sale price of $694K, up -4.74% annually. It takes on average 68 days to sell with vendor discounting of -5.38%.

Streets in Heidelberg West


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Heidelberg Heights VIC, 3081 -9.64% $750,000 $420pw 2.9% View Suburb Profile
Heidelberg VIC, 3084 -17.83% $1,043,500 $500pw 2.5% View Suburb Profile
Bellfield VIC, 3081 -3.33% $870,000 $410pw 2.5% View Suburb Profile
Reservoir VIC, 3073 -9.76% $740,000 $400pw 2.8% View Suburb Profile
Macleod VIC, 3085 -4.02% $883,000 $430pw 2.5% View Suburb Profile
Preston VIC, 3072 -5% $950,000 $490pw 2.7% View Suburb Profile