508/120 Burgundy Street

Heidelberg VIC 3084

The size of Heidelberg is approximately 2.9 square kilometres. It has 13 parks covering nearly 20% of total area. The population of Heidelberg in 2011 was 5,712 people. By 2016 the population was 6,250 showing a population growth of 9.4% in the area during that time. The predominant age group in Heidelberg is 30-39 years. Households in Heidelberg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg work in a professional occupation. In 2011, 63.4% of the homes in Heidelberg were owner-occupied compared with 57.2% in 2016.

Heidelberg has 4,397 properties. Over the last 5 years, Houses in Heidelberg have seen a 16.45% increase in median value, while Units have seen a 11.13% increase. As at 30 November 2024:

• The median value for Houses in Heidelberg is $1,393,104 while the median value for Units is $685,768.
• Houses have a median rent of $625 while Units have a median rent of $550.