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Heckenberg Suburb Insights
VICLocation Information
Suburb Name
Heckenberg, VIC
Distance from CBD
7.1 kmDemographics
Population
3,094
Median Income
$22,152
Area Information
Area
0.93 km²
Population Density
3327 people/km²
Property Market
Median Price
$945,523
Annual Growth
+17.1%Property Price Trend Analysis
Current Median Price
$945,523
Annual Growth
+17.1%
Quarterly Growth
+4.7%
Price Trends - Last 6 Months
2024-01
$524,368
+9%2024-02
$958,138
+8%2024-03
$940,071
+8.4%2024-04
$431,480
+11.7%2024-05
$1,057,523
+9.3%2024-06
$945,897
+12.3%Property Type Price Analysis
House
Median Price
$1,193,888
Growth Rate
+8.7%Available Listings
157 properties
Apartment
Median Price
$559,040
Growth Rate
+10.6%Available Listings
697 properties
Townhouse
Median Price
$531,409
Growth Rate
+13.3%Available Listings
170 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy