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Suburb Insights · VIC 3135

Heathmont, VIC 3135 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Heathmont is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 9,933, making it a smaller community. Located approximately 25 km from the Melbourne CBD, Heathmont is a middle ring area in Victoria. The median household income is $111,280 per year.

Investment Score

75 / 100 Good

Heathmont benefits from a high-income resident base, supporting premium property pricing.

Location

Melbourne
Heathmont
Victoria · 3135
25 km from Melbourne CBD
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Key Indicators

Postcode
3135

Official Australia Post postcode for Heathmont. A postcode may cover multiple suburbs.

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Population
9,933

Usual resident population at the most recent census.

Median weekly rent
$400/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$111,280/yr

Annual median household income (before tax) across all households.

Distance to CBD
25 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb.

Median monthly mortgage
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
89% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Heathmont

Who Heathmont Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the Victoria median — stretch goal.
💼ProfessionalsAround 25 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Local parks and reserves (around 4) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Median mortgage sits above the Victoria state median — entry costs are stretched.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Heathmont's population of 9,933 sits 34% above the Victoria suburb median of 7,416, giving it a wider tenant and buyer catchment than the average VIC locality. Median household income of $111,280/year runs 17% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $400/week (80% coverage of the $2,167/month median mortgage) leaves a gap of roughly $434/month that a typical investor bridges with negative gearing, depreciation and capital growth. 25 km from Melbourne places Heathmont in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 19% of household income — a useful sanity check on tenant affordability.

Heathmont vs Victoria Median

How Heathmont stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Heathmont sits above the state median; negative means below.

MetricHeathmontVIC medianΔ vs state
Population9,9337,416+34%
Median household income$111,280/yr$95,160/yr+17%
Median rent (weekly)$400$380+5%
Median mortgage (monthly)$2,167$1,950+11%
Distance to CBD25 km32 km-22%
Separate houses89%78%+11pp

Investor Checklist

Pre-inspection briefing for Heathmont — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 17% above the Victoria suburb median ($111,280 vs $95,160), and the 25 km CBD distance keeps this suburb in the primary demand zone. In Victoria, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

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Rental Yield

Moderate rental coverage: rent of $400/week covers 80% of a $2,167/month mortgage, leaving a $434/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

A dwelling mix skewed to houses (89% vs 78% VIC median) combined with a population of 9,933 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.

Risk Factors

Run the numbers on a Heathmont property

Full Property Analysis

30-year projections for Heathmont

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Heathmont enters 2026 with a demographic tailwind — household incomes 17% above the Victoria suburb median of $95,160 and a population of 9,933 give it the depth and purchasing power to outperform the wider VIC market over the next 12–18 months. Rental coverage runs at ~80% of the typical mortgage ($1,733/month rent vs $2,167/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 75/100 places Heathmont in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Heathmont a good suburb for investment?

Heathmont scores 75/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 9,933, median household income of $111,280/year and median weekly rent of $400. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Heathmont?

The main demand drivers in Heathmont are proximity to Melbourne (25 km), an above-state-median household income of $111,280/year, a dwelling mix that is 89% separate houses, roughly 2 schools and 4 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Heathmont?

Heathmont has a usual resident population of approximately 9,933, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Heathmont from the Melbourne CBD?

Heathmont sits 25 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Heathmont?

The most recent census recorded a median weekly rent of $400 in Heathmont, equating to approximately $20,800/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Heathmont?

The median monthly mortgage repayment in Heathmont is $2,167, or approximately $26,004/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Heathmont cash-flow positive for investors?

A median weekly rent of $400 works out to $1,733/month, covering 80% of the median mortgage repayment of $2,167/month. That leaves a $434/month shortfall (around $5,208/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Heathmont?

The main risks are interest-rate sensitivity on the $2,167 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Heathmont profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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