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City of Kingston
Heatherton

Heatherton Property Market
& Suburb Profile

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MEDIAN PRICES IN HEATHERTON

Median house price

(all agencies, last 12 months)$1.1m*

House price change

(all agencies, last 12 months)-1.57%

Median unit price

(all agencies, last 12 months)$904k*

Unit price change

(all agencies, last 12 months)+165.88%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

HEATHERTON PRICE TRACKER

HousesUnits

HEATHERTON SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)24

Auction clearance rate in Heatherton

(all agencies, last 12 months)100%

Average held period in Heatherton

(proptrack)10 years

HEATHERTON INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$806pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$554pw

Unit rental price change

(all agencies, last 12 months)0.15%

Average rental yield for Houses

(all agencies, last 12 months)3.52%

Average rental yield for Units

(all agencies, last 12 months)4.25%

Heatherton total population size

(as at the last census)2,826

Median household size in Heatherton

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

HEATHERTON PROPERTY TYPES

  • Houses 60%
  • Units 7%
  • Other 33%

OCCUPANCY IN HEATHERTON

  • Owned 71%
  • Rented 27%
  • Other/Not Stated 2%
  • Singles 20%
  • Families 78%
  • Other 2%

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ABOUT HEATHERTON

Heatherton is a unique, green-wedge suburb located in Melbourne’s southeast, approximately 19 kilometres from the CBD. Often described as one of the region’s best-kept secrets, it offers a distinct semi-rural charm combined with high-end residential living.

The suburb is widely recognised for its expansive open spaces and world-class recreational facilities, most notably the prestigious Kingston Heath Golf Club and the sprawling Karkarook Park, which features a 15-hectare lake for canoeing and kilometres of walking and cycling trails.

The lifestyle in Heatherton is defined by a sense of community and a "clean and green" atmosphere. A significant portion of the suburb is occupied by parklands and nurseries, creating a peaceful environment that contrasts with the bustling activity of nearby Moorabbin and Cheltenham. Residents enjoy the proximity to major retail destinations like Westfield Southland and the Moorabbin DFO, while the local "The Heath" estate is highly sought after for its modern homes and manicured streetscapes. This pocket of the suburb offers a manicured, resort-style feel with its own community parks and easy access to local primary schools.

Infrastructure in Heatherton is currently undergoing a massive transformation due to the Suburban Rail Loop (SRL) East project. The suburb is the site for the critical SRL train stabling and maintenance facility, which will house the network's high-tech fleet. This major project is bringing significant long-term changes to the local landscape, including the development of new public open spaces and upgraded linear reserves to offset the construction impacts. While the work involves current traffic and utility shifts, it cements Heatherton’s role as a vital node in Melbourne’s future transport network.

Connectivity is a key strength, as Heatherton is bordered by major arterials like the Dingley Bypass, Warrigal Road, and Kingston Road, providing efficient vehicular access to both the city and the Mornington Peninsula. While the suburb does not have its own train station, residents are well-serviced by the nearby stations in Cheltenham and Clayton, as well as a local bus network.

From a property perspective, Heatherton is a tightly held and stable market with an exceptionally high rate of owner-occupation. The housing stock is a prestigious mix of expansive acreages, established family homes, and the highly uniform, contemporary residences within The Heath estate. Because much of the suburb is protected as part of the "green wedge" or dedicated to recreation, there is limited room for new large-scale residential expansion, which maintains the area’s exclusivity and low-density appeal. This scarcity, combined with the suburb’s elite recreational status and the upcoming infrastructure investment, ensures Heatherton remains one of the most resilient and unique residential pockets in Melbourne’s south.

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SALES COMPARISON

Find out how Heatherton median sales prices compare to neighbouring suburbs.

HEATHERTON MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202538$1,002,000-1.56%35$680pw3.88%
202441$710,000-2.46%50$638pw3.92%
202347$780,125-1.68%45$614pw3.67%
202255$811,250-0.26%53$545pw3.41%
202157$810,00018.19%49$494pw2.79%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202538$1,002,000-1.56%
202441$710,000-2.46%
202347$780,125-1.68%
202255$811,250-0.26%
202157$810,000+18.19%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202535$680pw3.88%
202450$638pw3.92%
202345$614pw3.67%
202253$545pw3.41%
202149$494pw2.79%

PROUDLY SERVICING Heatherton

Barry Plant
Mentone - Cheltenham

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.