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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
Heidelberg West has 60 houses available for sale. The median property price for a house is currently 756,000 with annual capital growth of 2.72 . There were 74 house sales in the past 12 months. On average, houses spend 38 days on market.
If you're thinking about buying an investment property in Heidelberg West, consider that rental yields for houses are currently 3.34 with an average median rent of 510 weekly. Houses have seen 0.80 growth in the past quarter, and 2.72 growth in the past 12 months.
The size of Heidelberg West is approximately 3.2 square kilometres. It has 9 parks covering nearly 14.1% of total area. The population of Heidelberg West in 2011 was 5,327 people. By 2016 the population was 5,561 showing a population growth of 4.4% in the area during that time. The predominant age group in Heidelberg West is 20-29 years.
Households in Heidelberg West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg West work in a professional occupation. In 2011, 38.5% of the homes in Heidelberg West were owner-occupied compared with 37.9% in 2016.
Heidelberg West has 62 units available for sale. The median property price for a unit is currently 480,000 with annual capital growth of -25.70 . There were 59 unit sales in the past 12 months. On average, units spend 46 days on market.
If you're thinking about buying an investment property in Heidelberg West, consider that rental yields for units are currently 4.39 with an average median rent of 585 weekly. Units have seen 0.00 growth in the past quarter, and -25.70 growth in the past 12 months.
The size of Heidelberg West is approximately 3.2 square kilometres. It has 9 parks covering nearly 14.1% of total area. The population of Heidelberg West in 2011 was 5,327 people. By 2016 the population was 5,561 showing a population growth of 4.4% in the area during that time. The predominant age group in Heidelberg West is 20-29 years.
Households in Heidelberg West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg West work in a professional occupation. In 2011, 38.5% of the homes in Heidelberg West were owner-occupied compared with 37.9% in 2016.
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| Key Market Data | House | Unit |
| Median price | 756,000 | 480,000 |
| Quarterly growth | +0.80 | 0.00 |
| 12-month growth | +2.72 | -25.70 |
| Average annual growth | +2.14 | +3.71 |
| Weekly median rent | 510 | 585 |
| Gross rental yield | 3.34 | 4.39 |
| Number of Sales (12m) | 74 | 59 |
| Avg. Days on Market (12m) | 38 | 46 |
| Key Demographics | 2011 | 2016 |
| Total population | 5,327 | 5,561 |
| Population change (5y) | +4.51 | +4.40 |
| Median household income (p/w) | 751 | 931 |
| Household income change (5y) | +30.38 | +23.97 |
| Median age of persons | 34 | 35 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Heidelberg West was 5,561 in 2016, a +4.40 change compared to 2011.
The predominant age group in Heidelberg West is 20-29 years.
The population of Heidelberg West was 5,561 in 2016, a +4.40 change compared to 2011.
The predominant age group in Heidelberg West is 20-29 years.
Most of the population in Heidelberg West were born in Australia.
Most of the population in Heidelberg West were born in Australia.
Most of the population in Heidelberg West report their religion as No Religion.
Most of the population in Heidelberg West report their religion as No Religion.
Most of the population in Heidelberg West report their income range as between 15,000 and 33,000 .
The median household income in Heidelberg West was 931 in 2016, a +23.97 change compared to 2011.
Most of the population in Heidelberg West report their income range as between 15,000 and 31,000 .
The median household income in Heidelberg West was 751 in 2011, a +30.38 change compared to 2006.
Most of the population in Heidelberg West work as Professional.
Most of the population in Heidelberg West work as Professional.
The chart below demonstrates the various levels of education in Heidelberg West.
The chart below demonstrates the various levels of education in Heidelberg West.
Most of the population in Heidelberg West reached a qualification level of Not Stated.
Most of the population in Heidelberg West reached a qualification level of Certificate.
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