All About Heathmont, Maroondah, VIC, 3135

Heathmont, located in the City of Maroondah in Victoria, is a suburb known for its leafy streets and family-friendly atmosphere, making it an increasingly popular choice for homebuyers looking to settle in Melbourne's eastern suburbs. The housing market in Heathmont has experienced steady growth, driven by its appealing blend of suburban tranquility and convenience. Properties in Heathmont range from charming mid-20th-century homes to modern developments, providing a diverse array of options for potential buyers. The suburb's proximity to essential amenities, including schools, parks, and shopping centers, as well as its easy access to public transportation and major roads, further bolsters its real estate appeal. Despite facing price increases typical of Melbourne's broader housing market, Heathmont remains relatively affordable compared to closer-in suburbs, attracting both first-time buyers and families upgrading to larger homes.

Living in Heathmont offers a balanced lifestyle that many residents cherish, characterized by a strong sense of community and ample green spaces. The area is dotted with numerous parks and reserves, such as the popular Dandenong Creek Trail, which provide excellent opportunities for outdoor activities, including walking, cycling, and picnicking. The local schools, both primary and secondary, have good reputations, making the suburb particularly attractive to families with children. Additionally, Heathmont's local shopping village and the nearby Eastland Shopping Centre offer a wide variety of retail, dining, and entertainment options. Community events and activities are common, fostering a tight-knit and welcoming community atmosphere. With its combination of suburban comfort and urban accessibility, Heathmont provides a peaceful yet connected living environment that appeals to a broad demographic.

Heathmont Real Estate Market Outlook

Thinking about buying in Heathmont? Now could not be a better time, with 4608 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,318,000 with prices in this suburb ranging from $134,000 to $3,810,000. The aproximate distance to the coast is 22 Km.

Consistent high demand relative to supply is a key feature in Heathmont driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Heathmont ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Heathmont 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. High density population in Heathmont requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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