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Healesville suburb profile

Healesville is a picturesque town nestled in Victoria's Yarra Valley, renowned for its stunning natural beauty and vibrant local culture. Just 52km northeast of Melbourne, it serves as a gateway to the region's renowned wineries and the Healesville Sanctuary, a haven for native Australian wildlife. The town boasts a charming main street lined with boutique shops, cafes, and art galleries, reflecting its creative spirit. With its blend of rural tranquility and modern amenities, Healesville attracts nature enthusiasts, families, and tourists seeking a serene escape within easy reach of the city.

Healesville property market performance

Current median dwelling price$683,000Past 3 months

Property growth+6.8%Past 12 months

Healesville’s property market has shown modest growth over the past 12 months. House values have increased by 1.8%, with the median house price currently at $747,500. Although there is no current median unit price, unit values have seen a significant rise of 11.9% over the same period, indicating potential future demand.

Sales activity has been relatively active, with 43 houses and 7 units sold in the past 12 months. Houses are selling faster, with a median of 37 days on the market, compared to 57 days for units, suggesting a stronger demand for houses.

The rental market in Healesville has remained stable over the last 12 months, with no change in average rent for houses, which stands at $580. There is no available data for unit rentals, indicating a limited rental market for units in the area.

HousesUnits
Median price
Past 3 months
$748KN/A
Change in value
Past 12 months
1.8%11.9%
Sold
Past 3 months
437
Median days on market
Past 12 months
3757
Average rent
Past 12 months
$580N/A
Change in rent
Past 12 months
-0.5%N/A

5 year median price trend for houses and units

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Healesville demographics

Healesville, nestled in the picturesque Yarra Valley, is a charming suburb known for its natural beauty and relaxed lifestyle. With a population of 7,589, it offers a tranquil escape from the hustle and bustle of city life, making it an attractive destination for families and retirees. The median age of 46 reflects a mature community, with many residents enjoying the area's serene environment and close-knit community feel.

The suburb's housing market is characterized by a high rate of home ownership, with 41.3% of properties owned outright and 41.0% owned with a mortgage. This stability is complemented by a modest rental market, with only 17.7% of properties being rented. This suggests that Healesville is a place where people choose to settle down and invest in their homes, drawn by the area's natural beauty and community spirit.

Family life is a significant aspect of Healesville, with couple families with children making up 38.3% of the population, and couple families without children accounting for 43.9%. The presence of one-parent families at 16.9% adds to the suburb's diverse family dynamics. The median total household income of $1,472 per week indicates a comfortable standard of living, supported by local employment opportunities and the area's appeal as a lifestyle destination.

Healesville infrastructure, key developments and investment opportunities

Healesville continues to appeal to buyers because of its established lifestyle advantages, including tourism, dining, wineries and easy access to the Yarra Valley, which support ongoing demand for homes in the area.[5][8]

Current local information does not show any major recently completed or announced infrastructure projects, school redevelopments or transport changes that would materially alter the property market at this time.[1][4][5]

Healesville rental market trends

The rental market in Healesville has remained stable, with house rents holding steady at $580 per week over the past year. There has been no change in unit rents, indicating a consistent demand and supply balance in the area. Healesville continues to offer a tranquil lifestyle with its scenic surroundings, appealing to those seeking a peaceful community.

Suburbs near Healesville

Some popular suburbs near Healesville include:

How does Healesville compare to nearby suburbs?

  • Median house prices: Healesville’s median house price is 5.4% higher than Badger Creek’s.
  • House price growth: Over the past 12 months, house prices in Healesville have grown 15.5% higher than in Chum Creek.
  • Selling speed for houses: Properties in nearby Chum Creek are selling 37.8% faster than in Healesville.
  • House price growth: Over the past 12 months, house prices in Healesville have grown 21.2% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Healesville have grown 10.8% higher than the average rate of growth for units across Melbourne.

Common questions about Healesville

  • Is Healesville a nice place to live?

    Healesville is a delightful place to live, offering a serene and picturesque environment that is perfect for those seeking a peaceful lifestyle. Nestled in the heart of the Yarra Valley, this charming suburb is known for its stunning natural beauty and vibrant community spirit. The area is a haven for families, providing a safe and welcoming atmosphere with plenty of green spaces and outdoor activities to enjoy. The local vibe is relaxed and friendly, with a strong sense of community that makes it easy to feel at home.

    Living in Healesville means having access to a range of amenities that cater to both everyday needs and leisurely pursuits. The main street is lined with boutique shops, cafes, and art galleries, offering a taste of the suburb's creative culture. For families, the presence of good schools and local facilities ensures that children have access to quality education and recreational opportunities. Safety is generally not a concern, making it an ideal place for raising a family.

    While Healesville offers a tranquil lifestyle, it does come with some trade-offs. The suburb is a bit removed from the hustle and bustle of city life, which means that those seeking vibrant nightlife or immediate access to urban amenities might find it lacking. However, the proximity to Melbourne, just 52km away, provides a convenient escape to the city when needed. Additionally, the area's popularity as a tourist destination can lead to increased traffic during peak seasons, but this is a small price to pay for living in such a beautiful location.

    Overall, Healesville is a wonderful place to call home, particularly for families and nature enthusiasts. Its blend of rural tranquility, community spirit, and modern conveniences make it a unique and appealing choice for those looking to settle down in a picturesque setting. Whether you're drawn by the natural beauty, the vibrant local culture, or the family-friendly environment, Healesville offers a lifestyle that is both fulfilling and enriching.

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  • Is it expensive to live in Healesville?

    Living in Healesville can be considered moderately priced, especially when compared to the broader Victorian state averages. The median house price in Healesville is currently $747,500, which is relatively affordable compared to many suburbs closer to Melbourne. However, it's important to note that there are no units available, which limits options for those looking for smaller or potentially cheaper accommodations.

    When it comes to renting, the average rent for houses in Healesville is $580 per week. This figure is slightly high when considering the median total household income in Healesville is $1,472 per week, which is below the Victorian state average wage of $2,000 per week. This suggests that a significant portion of a household's income would go towards rent, making it a bit challenging for those earning below the state average.

    Overall, while Healesville offers a more affordable entry point into the property market compared to Melbourne's inner suburbs, the cost of living, particularly in terms of housing, can still take a substantial portion of the average local income. If you're thinking of living in Healesville, it's essential to consider your financial situation and how it aligns with these housing costs.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Healesville a good place to invest?

    Healesville presents an intriguing opportunity for property investors, particularly those interested in units. Over the past 12 months, the median unit value in Healesville has seen a significant increase of 11.9%, indicating a strong demand in this segment. This growth suggests that units in Healesville are becoming increasingly desirable, potentially due to their affordability and appeal to a diverse range of buyers, including first-time homeowners and downsizers.

    While the median house value has only increased by 1.8% over the same period, this steady growth reflects a stable market. The unchanged rental prices for both houses and units suggest a consistent rental market, which can be appealing for investors seeking reliable rental income. Healesville's charm as a picturesque town with a strong community vibe and proximity to natural attractions like the Yarra Valley could be contributing factors to its appeal.

    Overall, Healesville offers a balanced investment opportunity. The notable rise in unit values points to potential capital growth, while the stable rental market provides a foundation for consistent rental returns. Investors looking for a mix of growth potential and steady income might find Healesville an attractive option to consider.

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Choose the right real estate agents in Healesville

There are 33 real estate agents in Healesville, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 59.7% of all sales in the past year.

Commission rates in Healesville typically range from 2.16% to 2.63%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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