VIC/
Heatherton

Suburb Profile

Heatherton - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3202

house
unit

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $900,000.

The upward trend in home prices in HEATHERTON, 3202 averaged 10.27% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 3.18% increase in returns based on the current median price in HEATHERTON.

An average of 2.08 real estate transactions take place per month in HEATHERTON which translates to 25 per annum.

25 properties were sold in HEATHERTON in 2016, making it the 379th most active market in VIC based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $900,000 $415,000
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 12.01% 0.14%
Median 3 years 30.81% -2.58%
Median 5 years 46.34% 16.08%
10 years average annual 6.81% 4.92%
Weekly media advert. rent $550 $380
Time on Market 42.8 days 0.0 days
Gross Rental Yield Percent 3.18% 4.76%
demographics (median values)
Total Population
2529
Weekly Household Income
1472
Household Size
2.70
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