OFF MARKET

484 Waterdale Road
Heidelberg Heights VIC 3081

Bedrooms: 6
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 749m2
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Property Details for 484 Waterdale Rd, Heidelberg Heights

484 Waterdale Rd, Heidelberg Heights is a 6 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 749m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Year Built
1950
Floor Size
101m2
Land Size
749m2
Local Government
Banyule
Lot/Plan
2/LP58199

Last Listing description (June 2022)

Benefiting from ready access to sought-after assets including the Austin Hospital precinct and the dining, shopping and entertainment options on offer at Northland Shopping centre, along with local parklands, shops and transport, this 1501 m2 (approx.) site enjoying coveted, Residential Growth Zone 6, zoning creates a desirable opportunity for developers.
Prospective purchasers have the opportunity to deliver a landmark project by capitalising on the following features:
- Approved plans are for 11 town residences, with all offering garages and a variety of configurations

- Neighbouring properties on two sides only
- Rear boundary along Shelley Reserve
- Zoning allows for a multi-storey apartment building up to 21.5m or 6 stories high (stca)
- Possibility to introduce childcare, aged care residence, medical centre or the like (stca)
- Holding income from existing dwellings while plans and permits are approved

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Property History for 484 Waterdale Rd, Heidelberg Heights, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$915,002
25 Feb 2017
Listed for Rent
$340/w
17 Dec 2020
  • 03 Mar 2022
    Listed for Sale 2,600,000
  • 13 Nov 2020
    Listed for Rent $340 / week
  • 25 May 2017
    Listed for Rent - Price not available
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About Heidelberg Heights 3081

The size of Heidelberg Heights is approximately 2.1 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Heidelberg Heights in 2011 was 6,387 people. By 2016 the population was 6,083 showing a population decline of 4.8% in the area during that time. The predominant age group in Heidelberg Heights is 30-39 years. Households in Heidelberg Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg Heights work in a professional occupation. In 2011, 56.9% of the homes in Heidelberg Heights were owner-occupied compared with 57.2% in 2016.

Heidelberg Heights has 3,994 properties. Over the last 5 years, Houses in Heidelberg Heights have seen a 28.17% increase in median value, while Units have seen a 19.61% increase. As at 31 July 2024:

  • The median value for Houses in Heidelberg Heights is $942,911 while the median value for Units is $684,234.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Heidelberg heights on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Heidelberg heights.

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