Question 1

Is Healesville a nice place to live?

Accepted Answer

Healesville is a country town in the Yarra Valley that acts as a gateway to bushland, vineyards and the scenic Black Spur. Its compact main street centres on cafes, galleries and specialist food shops, and the Healesville Sanctuary brings a steady flow of visitors interested in native wildlife. Housing ranges from weatherboard cottages and timber homes to larger rural properties and more recent suburban lots, so residents include long-term locals and people seeking a tree-change lifestyle. Outdoor recreation is close at hand with bushwalking, rivers and forests nearby, and a heritage railway plus regular local events contribute to a relaxed, community-minded character.

The community numbers 7,589 people, has a median age of 46 and a median household income of $1,472 a week. Couple families (with and without children) make up about 82.2% of families and most dwellings are owner-occupied. Local services include a redeveloped health campus with an operating theatre, a six-chair renal dialysis unit, refurbished wards and an integrated community health centre, and council projects are progressing on a new community and sports pavilion, railway precinct and park upgrades and a feasibility study for a district aquatic and fitness centre. Whether Healesville suits you will depend on the lifestyle you want.

Question 2

Is it expensive to live in Healesville?

Accepted Answer

In Healesville, housing costs look stretched against local incomes recorded at the last Census. The median house price of $747,500 is about 9.8 times a typical local household's annual income at the last Census, which sits well above local incomes. For renters, a house rent of about $595 a week would take roughly 40.4% of a typical local household's weekly income at the last Census, which is a large share. Whether that feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Healesville a good place to invest?

Accepted Answer

The most notable movement in Healesville over the past year is in unit prices, which jumped 18.5% — a strong rise in unit capital value. House values by comparison only edged up, rising 0.6% over the year. If rental income is your focus, look to the house rent figure: house rents rose 2.6% over the past 12 months, a modest increase. In short, the year shows strong capital growth on the unit side while houses saw only marginal value growth but modest rent growth; whether that combination fits your plans depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$748K	N/A
Change in value Past 12 months	0.6%	18.5%
Sold Past 3 months	29	7
Median days on market Past 12 months	35	60
Average rent Past 12 months	$595	N/A
Change in rent Past 12 months	2.6%	N/A

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