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Investment Property Heidelberg, VIC, 3084

Suburb Snapshot

Heidelberg is a suburb in the Banyule Region of Victoria. Heidelberg has a population of 6,226 people and 33.93% of its occupants live in rental accommodation. The median listing price for houses is $1,282,500 and this has changed -0.39% over the past year and changed -1.35% over 2 years.

The median rent in Heidelberg for houses is $620 per week and the median rental yield is 2.51%. Stock on the market for houses/townhouses has changed -30.43% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is $562,500 and this has changed 2.27% over the past year. The average unit takes 95 days to sell and the median rent for a unit in Heidelberg is $475 per week, producing a rental yield of 4.39%.

Supply & Demand in Heidelberg, Banyule

1.58%

Current vacancy rate


60

Rental stock available


6,226

Population


33.93%

Rental population


0.82%

Current vacancy rate


465

Rental stock available


121,863

Population


22.40%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Heidelberg, Banyule

  House Townhouses Units
Median listing price $1,282,500 $820,000 $562,500
Median price change - last quarter -3.11% -0.85% 0.88%
Median price change - 1 year -0.39% -2.39% 2.27%
Median price change - 2 years -1.35% -6.77% 2.45%
  House Townhouses Units
Median weekly rent $620 $650 $475
Median yield % 2.51% 4.12% 4.39%
Median rent change - 1 year 3.33% 10.16% 3.26%
  House Units
Previous month sales 5 3
Stock on market previous month 16 35
Stock variance vs. last year -30.43% -12.50%
Average days on market 69 95

Heidelberg investment property listings

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