Heywood VIC 3304

Here you can find what you need to know about Heywood, 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

$168k Median Sale Price (National Average $485k) 708th In VIC
1.20% Median Price Change (1 yr) (National Average 4.30%) 386th In VIC
$230pw Median Rent (National Average $395) 630th In VIC
7.1% Median Gross Yield (National Average 4.24%) 8th In VIC
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 33
Average discounting -8.07%
Average Days on Market 103
Stock on Market 17 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
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.

Heywood, 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.

Heywood, 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.

Heywood, 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 Heywood


Loading

State Auction Clearance Rates - June 2019

Auctions Clearance rate
VIC 644 70%
ACT 40 55%
NSW 551 67%
NT 7 0%
QLD 114 35%
SA 103 55%
TAS 3 50%
WA 25 17%

Local Schools


Loading

Suburb Information

Heywood, VIC 3304

Part of: Glenelg Council No data available

The size of Heywood is approximately 252.9 square kilometres. It has 8 parks covering nearly 9% of total area. The population of Heywood in 2011 was 1,725 people. By 2016 the population was 1,734 showing a population growth of 0.5% in the area during that time. The predominant age group in Heywood is 50-59 years. Households in Heywood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heywood work in a machinery operators and drivers occupation. In 2011, 73.5% of the homes in Heywood were owner-occupied compared with 74.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Heywood

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Heywood   for Houses in last 12 months


There have been 35 Houses sold in Heywood in the past 12 months with a median sale price of $175K, up 4.95% annually. It takes on average 103 days to sell with vendor discounting of -8.07%.

Streets in Heywood


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Batlow NSW, 2730 6.67% $160,000 $248pw 8.0% View Suburb Profile
Terang VIC, 3264 7.78% $194,000 $250pw 6.7% View Suburb Profile
Footscray VIC, 3011 -3.02% $850,000 $470pw 2.9% View Suburb Profile
Crystal Brook SA, 5523 21.67% $146,000 $183pw 6.5% View Suburb Profile
Texas QLD, 4385 6.45% $165,000 Unavailable Unavailable View Suburb Profile
Nhill VIC, 3418 1.34% $151,000 $193pw 6.6% View Suburb Profile