Suburb Profile Report for Heatherton VIC (3202)

Heatherton House: Median price $820,000, Annual capital growth 6.46%, Number of sales 33, Weekly median advertised rent $550

Heatherton Unit: Median price $415,000, Annual capital growth 4.22%, Number of sales 19, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Heatherton, 3202 ranked 430th in VIC when comparing growth in median property values or capital gain over the last 12 months. Heatherton is one of 2098 in our list for VIC

If we look at median property appreciation over just the last three months, Heatherton has given property investors a paper return of 2.82%. This puts Suburb as 262 on a list of fastest fasting appreciating suburbs in VIC

Sellers are offering property buyers an average discount of -3.01% to buyers in Heatherton at the moment, which is less than average for the rest of VIC.

Heatherton, 3202’s gross rental yield is 3.49%

With a capital gain of -9.29% for the last 12 months, Heatherton, 3202 has performed for property investments than its average annual 4.22% property growth over the last 5 years.

The five-year average increase in median property values for Heatherton,3202 has given property investors a potential capital gain of 21.17% across each of those five years.

Heatherton is 113th on a list of best yielding suburbs for rents in VIC with a 4.76% return

Metrics i HOUSE UNIT
$820,000 $415,000
2.82% -1.19%
6.42% -9.29%
6.46% 4.22%
$550 $380
33 19
3.49% 4.76%
41.18 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2768
Median household income ($/weekly) 1752
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 296 10.7
    5-14 years 395 14.3
    25-34 years 325 11.7
    35-44 years 590 21.3
    45-54 years 346 12.5
    Others 816 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1066 59.1
    Not Married 569 31.5
    Defacto Relationship 170 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1648 63.2
    Croatia 84 3.2
    South Africa 77 3.0
    United Kingdom 123 4.7
    Other 163 6.3
    Others 511 19.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 88 3.5
    Christianity 1546 61.8
    Hinduism 63 2.5
    Judaism 89 3.6
    No Religion 663 26.5
    Others 52 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 57 7.5
    $1,500-$1,999 97 12.8
    $2,000-$2,499 75 9.9
    $2,500-$2,999 105 13.9
    $3,000-$3,499 76 10.0
    Others 347 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 858 44.1
    Not in the labour force 569 29.3
    Employed, worked part-time 389 20.0
    Employed, away from work 77 4.0
    Unemployed, looking for work 52 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 224 17.0
    Professionals 332 25.2
    Technicians & trades workers 163 12.3
    Clerical & administrative workers 204 15.5
    Sales 146 11.1
    Others 251 19.0
    Occupation
    Census Count Percent(%)
    Pre-school 80 12.2
    Infants/Primary 278 42.2
    Secondary 138 21.0
    Technical or Further Educational Institution 40 6.1
    University or other Tertiary Institutions 106 16.1
    Others 16 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2213 89.5
    Flat, unit or apartment 134 5.4
    Semi-detached, row or terrace house, townhouse 125 5.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 402 48.0
    Fully owned 229 27.4
    Rented 202 24.1
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals