Market snapshot
Suburb insights for Heidelberg3084
Change suburbHeidelberg, approximately 11 km northeast of the Melbourne CBD, is a vibrant suburb that combines a rich artistic heritage with modern amenities. Home to the Austin Hospital, Olivia Newton-John Cancer Centre, and Warringal Shopping Centre, Heidelberg is both a medical and lifestyle hub. The suburb features leafy streets, the Yarra River parklands, and direct rail access to the city. With its blend of period homes and apartment developments, Heidelberg appeals to young professionals, medical staff, and families alike.
Recent sales and auction results in Heidelberg
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 7/38-40 Banksia St, Heidelberg | 2 |  | Unit | Passed in Vendor Bid | 24/10/2025 | Miles | View |
| 55 Beverley Rd, Heidelberg | 4 |  | House | Passed in Vendor Bid | 24/10/2025 | Fletchers | View |
| 3/172 Hawdon St, Heidelberg | 2 |  | Unit | Auction Sale | 24/10/2025 | Miles | View |
| 2/178 Cape St, Heidelberg | 3 |  | Unit | Sold Before Auction | 7/10/2025 | Miles | View |
| 57 Quinn St, Heidelberg | 4 |  | House | Sold Before Auction | 13/10/2025 | Miles | View |
| 151 Hawdon St, Heidelberg | 2 | | House | Sold Before Auction | 29/09/2025 | Miles |
Sales data
Median sale price
$1.7mil
Quarterly price change
14.1%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Heidelberg | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | $1,355,000 | $830,000 |
| 4 | $1,678,000 | $951,500 |
| Insight | Heidelberg | Metro comparison |
|---|---|---|
| Clearance rate | 83.3% | 81.4% |
| Days on market | 35 | 36 |
Rental data
Median weekly rent
$700
Rental yield
2.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Heidelberg | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $663 | $550 |
| 4 | $850 | $600 |
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