Profile for Meadow Heights

3048

Meadow Heights is located 19 km north of the CBD. Meadow Heights has been one of the fastest growing new suburbs in Melbourne over the last twenty years. It has been one of the major areas of new residential development in the northern suburbs. A high proportion (36%) of the suburb's labour force are employed in the manufacturing sector. The area has a large Turkish and Vietnamese population. Meadow Heights also features the Meadow Heights Shopping Centre and Community Facilities.

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Recent Sales & Auction Results in Meadow Heights

Address Price Type Method Sale Date Agent
Property List
4 Parwan Ct, Meadow heights 4 House (Res) Auction Sale 23/03/2024 Harcourts

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$553k

Metro Melbourne

$909k

Quarterly Price Change

-7.8%

Metro Melbourne

-2.2%

Median Rent

$420

Metro Melbourne

$550

Rental Yield

3.8%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 43.8% 72.5%
Days on Market 45 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $540,000 $815,000
4 Bedrooms $650,000 $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $540
3 Bedrooms $420 $500
4 Bedrooms n/a $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$460k

Metro Melbourne

$633k

Annual Price Change

1.2%

Metro Melbourne

-3.8%

Median Rent

$450

Metro Melbourne

$500

Rental Yield

5.4%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 43.8% 72.5%
Days on Market 45 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms $443,250 $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $420
2 Bedrooms n/a $520
3 Bedrooms n/a $600

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