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Heatherton, VIC 3202

Home » VIC Real Estate Data » Kingston City, VIC » Heatherton, VIC 3202

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Heatherton, VIC 3202 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Heatherton, VIC 3202”

  1. The total adult population (15 years or older) of Heatherton 3202 VIC is 2,250, with a median age of 41. Of those, 52.89% are married, 10.89% are divorced or separated, 31.87% are single and 4.53% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $10,124. The median monthly mortgage repayment for households in this suburb is $2,224 which is 21.97% of their earnings.

    Source: ABS Census Data (2021)

  2. Heatherton 3202 is a vibrant suburb in Victoria, home to an approximate 1321 households. As we delve into the Q3 property market statistics of 2023, the typical housing prices in Heatherton are recorded at a robust $1,153,383. A median weekly rent of $677 reveals an indicative yield of 3.05%, casting this suburb as an attractive prospect for cash-flow centred investors.

    Situated a notch above mediocrity, an IRSAD score of 1061 out of 1217 signifies a prosperous socio-economic condition within the borough. The renter to owner ratio of 27% paints a positive picture for potential investors, as this ratio falls under the favourable range, highlighting a crucial equilibrium in the property market that warrants lesser competition among landlords, thus affirming a potentially advantageous investment scenario.

    The units to houses ratio is neatly nestled at 14%, reinforcing how the suburb is characteristically dominated by houses, hence attracting families who usually commit to longer tenancy periods. Though housing affordability is steep, at 45 years to ownership, it contributes to the area’s higher end market perception.

    Intriguingly, the stock on market percentage for houses bottoms out at a lean 0.09%, and the inventory level dips even lower to a swift 0.31 months. This subtle supply signifies a robust demand in Heatherton’s housing market. The building approvals ratio mirrors a moderate scale at 1.29%, ensuring new housing stock remains manageable and doesn’t flood the market.

    With competitive player engagement, the present ‘days on market’ stands at bare 14 days– a clear signal towards an invigorating demand for the housing segment in Heatherton. The vacancy rate is impressively lean at 0.56% for both houses and units, further fuelling the testament on high demand. Meanwhile, the buy search index rests at a neutral three, indicating a stable demand in the ongoing scenario.

    Indubitably, Heatherton 3202 presents a promising investment landscape with a majority of metrics showcasing favourable implications. However, a judicious eye for trends and the area’s RCS (Relative Composite Score) should be considered for a comprehensive investment decision, bearing in mind that it’s not just the present scenario but the trending development that also counts. As always, keep an attentive eye on market trends. Happy investing!

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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