Heidelberg Heights' accessible price point keeps first home buyers and investors active this month. Buyers who have done their comparison across the northeast are finding value here, and that is bringing genuine inquiry to opens.
The wider area is holding up steadily. Family homes here are clearing reasonably, with three-bedroom houses around 58 per cent and four-bedroom homes closer to 65 per cent, so well-presented stock priced to recent evidence is finding buyers. Heidelberg Heights sits at the more affordable end, which keeps buyer interest consistent.
Owners who present their homes well and price to recent comparable sales are the ones seeing offers. In this steadier market, the well-presented, realistically priced home is finding its buyer.
Median sale price for houses in Heidelberg Heights is $888,750, up 5.8% from last year.
Median sale price for units in Heidelberg Heights is $720,000, up 10.8% from last year.
Properties sold for houses in Heidelberg Heights is 156, down 7.1% from last year.
Properties sold for units in Heidelberg Heights is 60, down 38.1% from last year.
Auction clearance for houses in Heidelberg Heights is 71.9%, down 0.1% from last year.
Auction clearance for units in Heidelberg Heights is 70.0%, down 2.0% from last year.
Av days on market for houses in Heidelberg Heights is 34, up 9.7% from last year.
Av days on market for units in Heidelberg Heights is 38, down 2.6% from last year.
$1,572,500
$1,375,000
$1,325,000
$1,140,000
$973,500
$888,750
$780,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Good property management should remove uncertainty, not create more of it.
If you're considering engaging a property manager, one of the first questions you're likely to ask is: how much does property management actually cost?
Owning an investment property and owning a good investment property are not necessarily the same thing. It’s an important distinction, and one that property investors should revisit regularly.
The Reserve Bank's decision to leave the cash rate on hold at 4.35 per cent is welcome news for buyers, sellers and businesses alike. While it's not a silver bullet for Melbourne's property market, it should provide some reassurance that the aggressive phase of the interest rate tightening cycle may be easing.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
