Thinking about buying in Heathcote Junction? Now could not be a better time, with just 405 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,021,000 with prices in this suburb ranging from $296,000 to $1,618,000. The aproximate distance to the coast is 46 Km.
Median Weekly Rent | $345.00 |
Median Monthly Mortgage | $2153.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 42.00 |
Average Income | $841.00 |
Average Cars Per Dwelling | 2.44 |
Average Properties Within 50M | 4 |
1 Bed  $560,000 |
2 Bed  $739,000 |
3 Bed  $870,000 |
4 Bed  $1,060,000 |
5 Bed  $1,236,000 |
6 Bed+$1,128,000 |
In Heathcote Junction there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Heathcote Junction are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Heathcote Junction classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Heathcote Junction necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Heathcote Junction we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Heathcote Junction a better buying opportunity than it may have been in the past.
10 VIEW RD, HEATHCOTE JUNCTION, VIC, 3758 | 4 | 2 | 7 | $899,000 |
Wandong Primary School
(While the above schools are located with the suburb of Heathcote Junction there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.6 | 12.6 | 26.3 | 37.4 | 92.8 | 6.6 | 25.2 |
Feb | 1.5 | 12.9 | 25.4 | 41.9 | 93.8 | 6.3 | 20.9 |
Mar | 1.8 | 11.5 | 21.9 | 49.0 | 94.4 | 6.1 | 16.5 |
Apr | 1.7 | 9.4 | 17.6 | 57.0 | 94.2 | 5.9 | 12.1 |
May | 2.0 | 6.8 | 12.9 | 68.9 | 96.2 | 6.4 | 8.8 |
Jun | 2.5 | 5.0 | 10.1 | 78.9 | 98.4 | 6.4 | 7.3 |
Jul | 2.2 | 4.2 | 9.4 | 80.2 | 98.7 | 7.0 | 7.4 |
Aug | 2.2 | 4.2 | 10.5 | 71.0 | 98.1 | 6.8 | 10.2 |
Sept | 2.4 | 5.9 | 13.6 | 61.5 | 95.5 | 6.8 | 14.8 |
Oct | 2.0 | 7.3 | 16.9 | 56.6 | 95.3 | 6.7 | 19.1 |
Nov | 2.4 | 9.2 | 20.4 | 49.2 | 96.1 | 6.2 | 22.6 |
Dec | 1.6 | 11.0 | 23.8 | 41.1 | 94.7 | 6.3 | 26.0 |
source: Australian Government Bureau of Meteorology
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