Market snapshot

Suburb insights for Heidelberg West3081

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Heidelberg West is located 11 km north-east of the CBD. Situated on the eastern side of Darebin Creek Heidelberg West is primarily a residential suburb located in Melbourne's north-east. The northern parts of the suburb form a small industrial precinct and a large proportion (26%) of Heidelberg West's workforce is employed in the manufacturing sector. The suburb also features the Darebin Creek Forest Park Olympic Park and the Northern Melbourne Institute of TAFE - Bell Campus.

Sales data

Median sale price
$770k
Quarterly price change
3.7%
Metro Melbourne Comparison
$929k
2%
BedroomsHeidelberg WestMetro comparison
2$725,000$920,000
3$695,000$810,000
4-$965,000
InsightHeidelberg WestMetro comparison
Clearance rate75.3%
Days on market42.540

Rental data

Median weekly rent
$500
Rental yield
3.6%
Metro Melbourne Comparison
$550
3.1%
BedroomsHeidelberg WestMetro comparison
2$438$550
3$525$520
4-$575
Median data for the current quarter

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