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
11 Werona Ct, Meadow heights 4 House (Res) Passed in at Auction 02/12/2023 Barry Plant
10 Lubeck Ct, Meadow heights 3 House (Res) Private Sale 18/11/2023 Harcourts

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

Median Sale Price

$600k

Metro Melbourne

$934k

Quarterly Price Change

5.6%

Metro Melbourne

-0.2%

Median Rent

$420

Metro Melbourne

$530

Rental Yield

3.9%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 75.2%
Days on Market 45 36
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $922,000
3 Bedrooms $540,000 $825,000
4 Bedrooms $655,000 $1,000,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $520
3 Bedrooms $415 $500
4 Bedrooms n/a $550

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

Median Sale Price

$425k

Metro Melbourne

$625k

Annual Price Change

-11.2%

Metro Melbourne

-7.4%

Median Rent

$420

Metro Melbourne

$480

Rental Yield

5.1%

Metro Melbourne

4%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 75.2%
Days on Market 45 36
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $365,000
2 Bedrooms n/a $595,000
3 Bedrooms $427,500 $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $400
2 Bedrooms n/a $495
3 Bedrooms $400 $580

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