Heidelberg West, VIC 3081
Compare Part of Banyule
9.92 km
Distance from Melbourne CBD
14 k
Population
Auction Times
Sat 7 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 8 Cypress Street 3 1 2 House | 1:00 PM Sat 7th Dec | Ray White |
| 8 Cypress Street 3 1 2 House | 1:00 PM Sat 7th Dec | Ray White Preston |
 | 254 Liberty Parade 4 2 2 House | 2:30 PM Sat 7th Dec | Nelson Alexander Real Estate |
 | 35 Brunei Crescent 4 1 2 House | 2:30 PM Sat 7th Dec | Ray White |
 | 4/10 Blackwood Parade 2 1 1 Townhouse | 3:30 PM Sat 7th Dec | Woodards |
Sat 14 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 4/317 Liberty Parade 3 2 2 Townhouse | 11:00 AM Sat 14th Dec | Barry Plant Ivanhoe |
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $365,000 | 0.0% | $260,500 | $706,000 | 54 |
| 2010 | $485,000 | +24.7% | $221,000 | $790,000 | 81 |
| 2011 | $410,000 | -18.3% | $325,000 | $650,000 | 57 |
| 2012 | $382,500 | -7.2% | $170,000 | $712,000 | 48 |
| 2013 | $422,500 | +9.5% | $284,000 | $845,000 | 73 |
| 2014 | $477,500 | +11.5% | $290,000 | $656,500 | 72 |
| 2015 | $570,000 | +16.2% | $350,000 | $1,051,000 | 84 |
| 2016 | $636,000 | +10.4% | $330,000 | $1,420,000 | 85 |
| 2017 | $731,000 | +13.0% | $375,000 | $1,265,000 | 81 |
| 2018 | $700,000 | -4.4% | $457,000 | $1,175,000 | 57 |
| 2019 | $660,000 | -6.1% | $439,000 | $1,105,000 | 54 |
| 2020 | $695,000 | +5.0% | $437,500 | $1,300,000 | 46 |
| 2021 | $808,500 | +14.0% | $487,500 | $1,350,000 | 78 |
| 2022 | $800,000 | -1.1% | $588,000 | $2,250,000 | 69 |
| 2023 | $725,000 | -10.3% | $395,500 | $1,026,500 | 67 |
| 2024 | $775,000 | +6.5% | $348,500 | $1,060,000 | 65 |
Median Sale Price
$780K
Based on 68 recorded sales within the last 12 months
Updated on 4 Dec 2024
Suburb Growth
+6.4%
Current Median Price: $780,000
Previous Median Price: $730,000
Based on 138 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $320 | 0.0% | $240 | $400 | 66 |
| 2012 | $315 | -1.6% | $170 | $460 | 71 |
| 2013 | $320 | +1.6% | $170 | $460 | 95 |
| 2014 | $320 | 0.0% | $200 | $430 | 80 |
| 2015 | $320 | 0.0% | $220 | $520 | 120 |
| 2016 | $335 | +4.5% | $240 | $550 | 87 |
| 2017 | $350 | +4.3% | $270 | $570 | 106 |
| 2018 | $360 | +2.8% | $275 | $600 | 108 |
| 2019 | $370 | +2.7% | $260 | $550 | 92 |
| 2020 | $365 | -1.4% | $275 | $600 | 87 |
| 2021 | $360 | -1.4% | $300 | $545 | 55 |
| 2022 | $395 | +8.9% | $250 | $800 | 82 |
| 2023 | $420 | +6.0% | $285 | $850 | 99 |
| 2024 | $525 | +20.0% | $230 | $850 | 82 |
Median Rent Price
$520
per week
Based on 89 recorded rent within the last 12 months
Updated on 4 Dec 2024
Rent Price Growth
+22.1%
Current Median Rent: $520
Previous Median Rent: $405
Based on 188 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $780,000
Current Median rent: $520
Based on 157 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Heidelberg West
Houses sold in Last 12 months ends 30 Nov 2024
$820K
Median Sale Price
44%
Clearance Rate
7/16
Sold/Reported
$1.06M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M (Median Price Range) | 4 | |
| $600 K - $800 K | 1 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Heidelberg West 3081
Based on median house sale price sold in last 12 months
Schools closest to Heidelberg West, VIC 3081
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Pius X School | 431 WATERDALE RDHeidelberg West 3081 | Primary | Catholic | 0.49 km |
| St Bernadette's School | 53 STANLEY STIvanhoe 3079 | Primary | Catholic | 1.63 km |
| Ivanhoe Primary School | 122 WATERDALE ROADIvanhoe 3079 | Primary | Government | 1.91 km |
| Thornbury High School | 238 COLLINS STREETThornbury 3071 | Secondary | Government | 1.59 km |
| East Preston Islamic College | 55 TYLER STREETPRESTON 3072 | Combined | Independent | 1.87 km |
| Ivanhoe Girls' Grammar SchoolTop 50 | 123 MARSHALL STIvanhoe 3079 | Combined | Independent | 1.98 km |
| Northern College of the Arts and Technology | 62 MURRAY ROADPreston 3072 | Secondary | Government | 1.82 km |
| Distance Education Centre Victoria | 315 CLARENDON STREETThornbury 3071 | Combined | Government | 1.94 km |
| Preston North East Primary School | CNR LAUREL & TYLER STREETSPreston 3072 | Primary | Government | 2.17 km |