Suburb Profile Report for Heatherton VIC (3202)

Heatherton House: Median price $900,500, Annual capital growth 5.13%, Number of sales 20, Weekly median advertised rent $565

Heatherton Unit: Median price $412,000, Annual capital growth 3.47%, Number of sales 11, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.91% which means that Heatherton, 3202 has done well for property investors by showing a capital gain of 0.06% over the last year

A 46.42% growth in median value for property investors in Heatherton,3202 puts this suburb at number 538th in terms of best performing suburbs in VIC

Vendor discounting in Heatherton is giving property investors an average Vendor Discount of around -6.80%. This puts suburb at number 105th in VIC when ranking the most discounted suburbs.

At number 559 in a list of fastest selling suburbs, Heatherton is in the TOP 20% of suburbs in Australia with an average of days on market 46.21 for properties listed there.

The VIC suburb of Heatherton, 3202 is in the Kingston local government area.

Property value increases in Heatherton have tracked just lower than the VIC average of 7.73% over the last 12 months.

The five-year average increase in median property values for Heatherton,3202 has given property investors a potential capital gain of 13.66% across each of those five years.

Renters in Suburb are facing rents around $20280 per annum or $390 every week.

Metrics i HOUSE UNIT
$900,500 $412,000
-1.32% -8.24%
0.06% -0.72%
5.13% 3.47%
$565 $390
20 11
3.26% 4.92%
46.21 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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
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Recent sales & rentals