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Investment Property Heidelberg West, VIC, 3081

Suburb Snapshot

Heidelberg West is a suburb in the Banyule Region of Victoria. Heidelberg West has a population of 5,547 people and 46.07% of its occupants live in rental accommodation. The median listing price for houses is $685,000 and this has changed -4.87% over the past year and changed -2.15% over 2 years.

The median rent in Heidelberg West for houses is $450 per week and the median rental yield is 3.41%. Stock on the market for houses/townhouses has changed 35.90% compared to last year and the average time to sell a house/townhouse is 65 days.The median listing price for units is $520,000 and this has changed -4.59% over the past year. The average unit takes 87 days to sell and the median rent for a unit in Heidelberg West is $420 per week, producing a rental yield of 4.20%.

Supply & Demand in Heidelberg West, Banyule

2.61%

Current vacancy rate


82

Rental stock available


5,547

Population


46.07%

Rental population


0.76%

Current vacancy rate


421

Rental stock available


121,863

Population


22.40%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Heidelberg West, Banyule

  House Townhouses Units
Median listing price $685,000 $700,000 $520,000
Median price change - last quarter -0.73% 0.00% -5.46%
Median price change - 1 year -4.87% 0.00% -4.59%
Median price change - 2 years -2.15% 7.69% -1.89%
  House Townhouses Units
Median weekly rent $450 $530 $420
Median yield % 3.41% 3.93% 4.20%
Median rent change - 1 year 15.38% 8.16% 7.69%
  House Units
Previous month sales 1 0
Stock on market previous month 53 14
Stock variance vs. last year 35.90% 250.00%
Average days on market 65 87

Heidelberg West investment property listings

Showing 5 of 82 investment properties found in Heidelberg West on realestateinvestar.com.au

216 Oriel Rd, Heidelberg West

$730,000

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Great Opportunity in a Prime Location

Situated on a sizable allotment of 585m2 (approx.), this red brick residence exudes charm for aficionados of the 1950s era, offering ample opportunity for enhancement. Alternatively, it serves as an excellent foundation for those with a more contemporary vision. The layout of the property boasts a ...

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House

VIC 3081


2/117 Dougharty Rd, Heidelberg West

$680,000

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Ideal Family Living: Light-Filled Residence Near Northland Shopp

Step into this inviting residence filled with natural light, ideally positioned near Northland Shopping Centre, Latrobe University, and a range of local amenities and parklands. As you enter, you'll be greeted by an airy open-plan kitchen and living area, seamlessly extending to an alfresco ...

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House

VIC 3081


3/409 Waterdale Rd, Heidelberg West

$655,000

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The Birches - Villa

'The Birches,' is an exclusive, securely gated enclave off single level villas. Unit 3 is positioned towards the middle of the complex and benefits from a north facing rear yard. The design is focused on a free-flowing floor plan and notably, an expansive courtyard garden is a prominent feature of ...

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Townhouse

VIC 3081


6/12 Ramu Pde, Heidelberg West

$500,000

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Ground Floor Light Filled Living

Conveniently located on the ground floor of this boutique complex of only 10, this two-bedroom apartment is designed to be shown off to family and friends as an all year-round entertainer. Boasting a light filled ground floor corner location, the home offers spacious bedroom accommodation and an ...

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Unit

VIC 3081


1/455 Waterdale Rd, Heidelberg West

$695,000

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Space, style & light combine for modern indoor/outdoor living

Cleverly designed to maximize space and light, this immaculate town residence with both front and rear courtyards optimises spacious, low maintenance living in a top location to match. Drenched in natural light and with larger than most proportions, a welcoming foyer entrance reveals an open plan ...

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Townhouse

VIC 3081


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