Thinking about buying in Heidelberg West? Now could not be a better time, with a whopping 4275 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $590,000 with prices in this suburb ranging from $329,000 to $918,000.Distance to the coast is 11 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Heidelberg West are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Heidelberg West provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Heidelberg West necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Heidelberg West we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Heidelberg West a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$325.94|
|Median Monthly Mortgage||$1805.76|
|Median Persons Per Bedroom||0.89|
|Average Household Size||2.29|
|Average Cars Per Dwelling||2.00|
|Average Properties Within 50M||19.00|
|UNIT 1, 449 WATERDALE RD, HEIDELBERG WEST, VIC, 3081||2||1||1||EOI: $620,000 - $650,000 Close on 20th June|
|60 ALAMEIN RD, HEIDELBERG WEST, VIC, 3081||3||1||1||Private Sale $629,000|
|267 LIBERTY PDE, HEIDELBERG WEST, VIC, 3081||3||1||2||Private Sale $680,000|
|18 ACHILLES ST, HEIDELBERG WEST, VIC, 3081||2||1||1||Under Offer|
|3 NORMANBY CT, HEIDELBERG WEST, VIC, 3081||3||1||3||Under Offer|
St Pius X School(While the above schools are located with the suburb of Heidelberg West there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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