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Heathfield, SA 5153

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$1,425,000

market range $825K-$1.6M

Median Unit

$680,000

Gross Yield (houses)

2.6%

1yr Growth

-

Investment snapshot for Heathfield

Heathfield has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Heathfield market and investor summary

Heathfield (SA 5153) runs a median house price of $1.4M, with houses yielding a gross 2.6%. At 3.9% vacancy, it is a softer rental market with more choice for tenants.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.6% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 3.9% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Heathfield: people, income and schools

About 1,062 people live in Heathfield, a number that has held fairly steady over five years. The median age is 46, skewed a little older, and 87% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $119,000 a year, or roughly $2,300 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

There are 12 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 15 km from the CBD. It is fairly car-dependent; the suburb scores 1 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
1,062
+5% over 5yr
Median age
46 years
Median household income
$119,000/yr
Households renting
6%
Family households
80%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
12
avg ICSEA 1085
Unemployment
2.1%
Distance to CBD
15 km
Walk score
1/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Heathfield

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Frequently asked questions about Heathfield

What should I check before investing in Heathfield?

Heathfield has enough public data for first-pass screening across yield, vacancy, price and supply signals. Houses sell quickly (13 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Heathfield?

The median property price in Heathfield, SA 5153 is $1.4M for houses and $680K for units.

What rental yield does Heathfield show?

The gross rental yield in Heathfield is 2.6% for houses and 3.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Heathfield?

The current vacancy rate in Heathfield is 3.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Heathfield?

Heathfield has a population of approximately 1,062 residents, with a median age of 46.

What schools are near Heathfield?

There are 12 schools within roughly 5km of Heathfield. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Heathfield affordable to buy in?

A median house in Heathfield costs about 11.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Heathfield's population growing?

The population of Heathfield has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Heathfield from the CBD?

Heathfield is about 15 km from the CBD.

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