Thinking about buying in Heathcote? Now could not be a better time, with 2999 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,670,000 with prices in this suburb ranging from $40,000 to $521,789,000. Heathcote is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Heathcote Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Heathcote due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Heathcote changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Heathcote to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Heathcote the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Heathcote

	12 thomas st, heathcote, vic, 3523	3	1	1	$430,000 - $470,000
	228 high st, heathcote, vic, 3523	2	1	2	$339,000 - $369,000
	134-136 caldwell st, heathcote, vic, 3523	4	2	2	$850,000 - $920,000
	unit 1, 16 marshall cr, heathcote, vic, 3523				$195,000 - $210,000

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General Points of Interest

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