Market snapshot
Suburb insights for Heidelberg West3081
Change suburbHeidelberg 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
$781k
Quarterly price change
-2.2%
Metro Melbourne Comparison
$895k
-2.1%
Bedrooms | Heidelberg West | Metro comparison |
---|---|---|
2 | $784,000 | $888,000 |
3 | $758,000 | $807,000 |
4 | - | $950,000 |
Insight | Heidelberg West | Metro comparison |
---|---|---|
Clearance rate | 53.3% | 72.6% |
Days on market | 57.5 | 43 |
Rental data
Median weekly rent
$550
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.3%
Bedrooms | Heidelberg West | Metro comparison |
---|---|---|
2 | $450 | $575 |
3 | $550 | $550 |
4 | - | $600 |
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