Heidelberg West, VIC 3081
Compare Part of Banyule
9.92 km
Distance from Melbourne CBD
14 k
Population
Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 589 Waterdale Road 3 1 2 House | 10:00 AM Sat 20th Apr | Assisi Pty Ltd |
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 3/8 Kanimbla Court 4 3 2 Townhouse | 2:30 PM Sat 27th Apr | Victoria Real Estate Agency |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $745,000 | +2.7% | $348,500 | $1,055,000 | 17 |
Median Sale Price
$718K
Based on 67 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
-10.8%
Current Median Price: $717,500
Previous Median Price: $795,000
Based on 138 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | 98 |
| 2024 | $580 | +27.6% | $400 | $790 | 22 |
Median Rent Price
$450
per week
Based on 80 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 175 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $717,500
Current Median rent: $450
Based on 147 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Heidelberg West
Houses sold in Last 12 months ends 13 Apr 2024
$815K
Median Sale Price
75%
Clearance Rate
15/20
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) | 5 | |
| $600 K - $800 K | 6 | |
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 |