Heidelberg is Melbourne's northern medical precinct — a prestigious inner suburb anchored by the Austin Hospital, one of Australia's premier academic teaching hospitals, where Burgundy Street's thriving café and restaurant strip, Heide Museum of Modern Art, and the Yarra River's Riverview Reserve create an exceptional lifestyle package. Its strong owner-occupier base, outstanding train connectivity (22 minutes to CBD), and consistent demand from hospital professionals and University of Melbourne academics underpin steady capital appreciation. At the current $1.35m median house price, an 80% loan at 6.25% over 30 years is about $6,650 per month.
| Median house price | $1,350,000 |
|---|---|
| Median unit price | $680,000 |
| Estimated monthly repayment | $6,650 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 3.5% |
| Typical days on market | 17 |
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