Heathmont is a mid-sized suburb in Victoria within the Maroondah local government area (postcode 3135). With a population of 9,933, the suburb has an established demographic with a median age of 41. Households earn a median income of $111K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Heathmont is $1.0 million, having declined 3.1% over the past year. Units have a median price of $735,000 (-9.5% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Heathmont is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1062, which is above the national average of 1,000. Public transport access includes 2 rail stations, 17 bus stops. The crime rate in the Maroondah LGA is moderate at 7,515 incidents per 100,000 population.
From an investment perspective, Heathmont offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 9.3x is considered moderate. House prices have moved -3.1% year-on-year.
Heathmont is a mid-sized suburb in Victoria within the Maroondah local government area (postcode 3135). With a population of 9,933, the suburb has an established demographic with a median age of 41. Households earn a median income of $111K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Heathmont is $1.0 million, having declined 3.1% over the past year. Units have a median price of $735,000 (-9.5% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Heathmont is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1062, which is above the national average of 1,000. Public transport access includes 2 rail stations, 17 bus stops. The crime rate in the Maroondah LGA is moderate at 7,515 incidents per 100,000 population.
From an investment perspective, Heathmont offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 9.3x is considered moderate. House prices have moved -3.1% year-on-year.