Market snapshot

Suburb insights for Heidelberg West3081

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Heidelberg West, approximately 12?km northeast of the Melbourne CBD, is undergoing a wave of urban renewal following its post-war origins as an Olympic Village for the 1956 Games. The suburb features wide streets, community housing developments, and close proximity to La Trobe University and local employment hubs. With its growing reputation and infrastructure upgrades, Heidelberg West is attracting first-home buyers and investors looking for value in Melbourne’s inner north.

Sales data

Median sale price
$750k
Quarterly price change
2.7%
Metro Melbourne Comparison
$924k
0.4%
BedroomsHeidelberg WestMetro comparison
2$796,888$890,000
3$740,000$815,000
4-$950,000
InsightHeidelberg WestMetro comparison
Clearance rate50%79.5%
Days on market5239

Rental data

Median weekly rent
$525
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.3%
BedroomsHeidelberg WestMetro comparison
2$470$580
3$578$550
4-$600
Median data for the current quarter
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