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This property has been sold for $660,000 on 31 July 2026

182 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (July 2026)
$745,000(-11%)

Listing journey

Essentials

This property went through 2 price reductions over 182 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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8/71 Southern Rd, Heidelberg Heights, VIC, 3081

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Asking Price

$660,000

2 Beds1 Baths2 Cars
Land: 326 m2
Floor: 100 m2
Built: 1970

Property overview

This 2-bedroom unit at 8/71 Southern Rd in Heidelberg Heights, VIC 3081 sold for $660K in July 2026, with 1 bathroom and parking for 2. It offers 100 m2 of internal living space. The unit was built in 1970. Heidelberg Heights sits about 11 km from the CBD, where the median unit price is $745K. Council data shows no flood or bushfire overlay on the site. 63 schools sit within about 5km, and the area scores 64 for walkability and 21 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $660,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

182

Latest price change

$680,000 to $660,000

Investment Score

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Heidelberg Heights at a glance

Unit market signals | VIC 3081

Full suburb profile

Median

$745K

Market signals

To CBD

11 km

Est. Valuation

$699,367

Potential Sell Price

Est. Rent/wk

$499

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 11% below suburb median
Vacancy rate 1.0%
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

GRZ1General Residential Zone 1

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Recently renovated

Total Cost to Purchase

Purchase Price
$660,000
Stamp Duty (Victoria)
$34,670
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$698,870

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Low Density
Listed
Last Updated
Postcode
3081

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