Heatherton suburb profile
Heatherton is a quiet, leafy south-eastern suburb tucked between Cheltenham and Dingley Village, known for its broad streets, mature trees and largely low-rise housing. The area feels residential and settled, with many long-standing family homes and increasing infill of contemporary townhouses and renovated bungalows, so the streets offer a mix of traditional character and newer builds. Residents enjoy local parkland, sports ovals and neighbourhood reserves, and there are small shopping strips nearby with larger retail and services a short drive away. Good road links and public transport options make commuting straightforward, while proximity to bayside suburbs and green space shapes a relaxed suburban lifestyle.
Heatherton property market performance
Current median dwelling price$782,500Past 3 months
Heatherton has relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. The median house price is $1.15 million, up a marginal 0.5% over the last 12 months.
Eleven houses were sold over the last 3 months, and houses sold in a median of 17 days over the last 12 months. There aren't enough recent unit sales to report a reliable sale count or days on market.
The rental market in Heatherton shows house rents averaging $800 a week. Unit rents average $538 a week and rose a solid 7.6% over the last 12 months.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.15M | N/A |
Change in value Past 12 months | 0.5% | N/A |
Sold Past 3 months | 11 | N/A |
Median days on market Past 12 months | 17 | N/A |
Average rent Past 12 months | $800 | $538 |
Change in rent Past 12 months | N/A | 7.6% |
5 year median price trend for houses and units
Heatherton demographics
Couple families with children are the largest group, at 55.7% of families, followed by couple families without children at 27.8%. One-parent families make up 15.0% and other families 1.4%, so roughly four in five households are couples, with or without children.
The suburb is home to 2,826 people, with a median age of 41. The typical household earns $2,088 a week, about $108,600 a year.
Homes in Heatherton are mostly owner-occupied, around three in four (72.5%) combining 42.7% owned with a mortgage and 29.8% owned outright; renters account for 27.5% of dwellings.
Suburbs near Heatherton
Some popular suburbs near Heatherton include:
How does Heatherton compare to nearby suburbs?
- Median house prices: Heatherton’s median house price is 20.9% higher than Clarinda’s.
- Median unit prices: Heatherton’s median unit price is 8.4% lower than Clayton South’s.
- House price growth: Over the past 12 months, house prices in Heatherton have grown 1.7% higher than in Clarinda.
- Selling speed for houses: Properties in Heatherton are selling 54.1% faster than in Clarinda.
- Investment considerations: In Heatherton, the rental yield for house is 26.2% higher than the Melbourne average, while the rental yield for units is 13.8% lower.
- House price growth: Over the past 12 months, house prices in Heatherton have grown 7.8% higher than the average rate of growth across Melbourne.

