The Heathmont median house price sits at $1.07 million for the April to June 2025 quarter, according to DataVic/REIV data. That figure represents a 1.3% quarter-on-quarter decline and a 4.4% year-on-year fall, signalling a modest cooling in what remains one of Melbourne’s well-regarded middle-ring eastern suburbs. Whether you are buying, selling, or investing in Heathmont, understanding exactly what the data says is the essential first step.

What Is the Heathmont Median House Price Right Now?

According to DataVic/REIV data (via Collings Real Estate’s CRM dataset), the Heathmont property market recorded the following figures for the April to June 2025 quarter:

• Median house price: $1,070,000 (QoQ change: -1.3% | YoY change: -4.4%)
• Median unit price: $850,000 (QoQ change: +4.8% | YoY change: +0.9%)

The divergence between houses and units is notable. While house values have softened slightly over the past twelve months, unit prices have held firmer, posting a near 5% quarter-on-quarter gain. This pattern is consistent with buyer demand shifting toward more affordable entry points in established suburbs, particularly among first-home buyers and downsizers.

For context, the median weekly rent in Heathmont is $400, as recorded by the ABS Census 2021, placing the suburb within reach for renters while still offering landlords a steady income base in a low-vacancy metropolitan belt.

What Do the Numbers Say About the Heathmont Property Market?

Numbers alone rarely tell the full story, but in Heathmont’s case, they paint a clear picture of a suburb that has matured into a stable, lifestyle-driven market.

Demographic Profile

ABS Census 2021 records the following for Heathmont:

• Population: 9,933
• Median age: 41.0 years
• Median household income: $2,140 per week
• Median rent: $400 per week

A median age of 41 and a household income of $2,140 per week indicate a predominantly owner-occupier community with strong financial capacity. This is a suburb where families put down roots, which historically underpins price resilience during softer cycles. The relatively modest median rent of $400 per week also reflects the suburb’s character as a low-turnover rental market, where tenancies tend to be long-term and vacancy rates tight.

How Does Heathmont Compare to Similar Suburbs?

Heathmont’s $1.07M median house price positions it competitively among Melbourne’s established middle-ring suburbs. For comparison, buyers researching the northern corridor can explore the median house price in Northcote or the median house price in Preston to benchmark how different precincts are performing across the city. Each suburb tells its own story shaped by demographics, infrastructure investment, and buyer demand.

CoreLogic data indicates that Melbourne’s broader middle-ring market has experienced a softening of between 3% and 6% year-on-year across many comparable suburbs in the same period, placing Heathmont’s 4.4% annual decline broadly in line with the metro-wide trend rather than as an outlier signal of structural weakness.

What Are the Key Considerations When Buying or Selling in Heathmont?

Whether you are selling in Heathmont, buying in Heathmont, or exploring investing in Heathmont, several factors deserve careful attention before you act.

For Sellers

• Timing within the quarter matters. With a QoQ decline of 1.3%, sellers who price accurately from day one are securing stronger results than those who start high and reduce. Auction clearance rates in Melbourne’s eastern suburbs have averaged around 62-65% in the first half of 2025, according to REIV weekly data, meaning vendor expectations need to align with genuine buyer appetite.
• Presentation and comparable sales. In a market where buyers have more choice than they did in 2021-2022, renovated and well-presented homes are commanding a clear premium over tired stock. Knowing your recent comparable sales is non-negotiable before setting a campaign strategy.
• Off-market opportunities. A growing proportion of Heathmont transactions are occurring before public listing. Registering on a buyer portal gives you access to properties before they reach the major portals.

For Buyers

• The current softening is an opportunity. A 4.4% year-on-year decline on a $1.07M median means buyers are entering at a lower base than buyers twelve months ago. With the RBA having reduced the cash rate in 2025, borrowing capacity has improved for many households.
• Units offer strong relative value. At a median of $850,000 with a positive quarterly trend, Heathmont units represent a lower entry point with upward momentum, particularly attractive for investors and downsizers.
• Due diligence on infrastructure. Heathmont is serviced by the Belgrave train line and sits within the Maroondah City Council area. Proximity to Heathmont Village, Ringwood, and the Eastland precinct adds lifestyle and convenience appeal that underpins long-term demand.

For Investors

With a median household income of $2,140 per week and a median rent of $400 per week (ABS Census 2021), gross rental yields for houses in Heathmont sit at approximately 1.9-2.0% at the current median, while units at $850,000 with average rents tracking higher relative to purchase price deliver a more attractive yield profile. Investors focused on yield over capital growth may find more immediate returns in units, while those with a longer horizon may prefer the land-content play that houses offer in this established suburb. For a broader picture of how inner and middle-ring suburbs compare on yield metrics, reviewing the median house price in Reservoir provides a useful north-of-the-city counterpoint.

How Does Collings Real Estate Help Buyers, Sellers, and Investors in Heathmont?

Collings Real Estate brings genuine local knowledge and data-driven strategy to every transaction in Melbourne’s eastern and northern suburbs. Our team works with clients across the full property lifecycle, from initial appraisal through to settlement and beyond.

Free Property Appraisal

Understanding what your Heathmont property is worth in the current market starts with an accurate, no-obligation appraisal. Our agents draw on real transaction data, not automated estimates, to give you a realistic picture of your home’s current market value. Request a free property appraisal today by contacting our team directly.

Off-Market and Pre-Market Access

Buyers seeking off-market Heathmont property can register on the Collings off-market portal to receive early access to listings before they hit the public market. In a suburb where quality stock moves quickly, this advantage can be the difference between securing your ideal home and missing out.

End-to-End Sales Campaign Management

For sellers, Collings manages every element of your campaign including pricing strategy, marketing, buyer qualification, and negotiation. Our local agents understand the nuances of the Heathmont market and tailor every campaign to the specific property and seller objectives.

Get in Touch

Reach our team at 03 9486 2000, email info@collings.com.au, or visit us at 230 Waterdale Road, Ivanhoe VIC 3079. We are ready to help you make your next property move with confidence.

Frequently Asked Questions About Heathmont House Prices

What is the median house price in Heathmont in 2025?

The Heathmont median house price is $1,070,000 for the April to June 2025 quarter, according to DataVic/REIV data. This represents a 1.3% quarter-on-quarter decline and a 4.4% year-on-year decrease.

What is the median unit price in Heathmont?

The median unit price in Heathmont is $850,000 for the April to June 2025 quarter (DataVic/REIV), up 4.8% quarter-on-quarter and 0.9% year-on-year.

Is Heathmont a good suburb to invest in?

Heathmont offers a stable, owner-occupier dominated market with a median household income of $2,140 per week (ABS Census 2021), strong lifestyle amenity, and good rail connectivity. Units currently show positive price momentum, making them an attractive option for investors seeking relative value in Melbourne’s eastern suburbs.

How does the Heathmont median compare to broader Melbourne trends?

Heathmont’s 4.4% year-on-year house price decline is broadly in line with CoreLogic data showing a 3-6% softening across Melbourne’s middle-ring suburbs in the same period. The suburb is not an outlier but reflects the wider market cycle.

How can I find out what my Heathmont property is worth?

Contact Collings Real Estate for a free, no-obligation property appraisal based on current comparable sales data. Call 03 9486 2000 or email info@collings.com.au to arrange your appraisal.

Heathmont remains a fundamentally sound suburb anchored by strong owner-occupier demand, quality schooling, and easy access to retail and rail infrastructure. The current softening in house prices, mirrored across much of metropolitan Melbourne, represents a measured correction from the peak rather than a structural shift. Whether you are planning on buying, selling, or investing in Heathmont, working with an agent who understands the local data is the single most important step you can take to protect and grow your position in this market.