Heidelberg West's median prices have eased this year, houses down 1.7 per cent to $780,000 and units down 9.9 per cent to $630,000, the most affordable entry point in this part of the area. House sales are up slightly though, 2.2 per cent to 141, with clearance climbing 17.6 per cent to 66.7 per cent.
The apartment market has cooled more noticeably, unit sales down 46.8 per cent and days on market nearly doubling, up 97.4 per cent to 75 days, a clear signal that unit buyers here are being far more selective than a year ago.
With just over half of homes houses and the remainder a mix of semi-detached and apartment stock, Heidelberg West's improving house clearance stands in contrast to its considerably slower unit market this year, worth noting for anyone considering either bracket.
Median sale price for houses in Heidelberg West is $765,000, down 2.5% from last year.
Median sale price for units in Heidelberg West is $670,000, down 3.9% from last year.
Properties sold for houses in Heidelberg West is 135, down 5.6% from last year.
Properties sold for units in Heidelberg West is 66, down 36.5% from last year.
Auction clearance for houses in Heidelberg West is 69.1%, up 13.2% from last year.
Auction clearance for units in Heidelberg West is 60.0%, up 20.0% from last year.
Av days on market for houses in Heidelberg West is 41, down 6.8% from last year.
Av days on market for units in Heidelberg West is 65, up 44.4% from last year.
$1,120,500
$1,060,000
$973,500
$900,000
$870,000
$860,000
$765,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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