Snapshot of the City of Banyule economy and demographics.
The committed and in-flight infrastructure spend reshaping the LGA.
Suburbs we actively track within City of Banyule. House market data from PropTrack via Hotspotting LGA report (12 months trailing).
| Suburb | Median (house) | Yield | 1yr growth | Vacancy | Read |
|---|---|---|---|---|---|
| Ivanhoe East | $2.40M | 2.40% | +14% | 0.50% | LGA premium. Strongest YoY house growth. Unit median $1.07M at 4.7% |
| Eaglemont | $2.29M | 2.40% | -3% | 0.40% | Premium established, very tight vacancy |
| Ivanhoe | $1.93M | 2.50% | +12% | 0.60% | Established gentrified. Strong YoY house growth. 181 unit sales/yr at 4.1% yield |
| Lower Plenty | $1.55M | 2.90% | +13% | 0.60% | Premium family suburb. Strong YoY growth |
| Heidelberg | $1.477M | 2.40% | +7% | 0.60% | Hospital cluster core. Unit median $625K at 4.3% |
| Rosanna | $1.35M | 2.50% | +7% | 0.60% | Established family suburb |
| Viewbank | $1.18M | 3.00% | +4% | 0.80% | Established middle-tier |
| Montmorency | $1.135M | 3.10% | +1% | 0.80% | Established family suburb |
| St Helena | $1.112M | 3.60% | -6% | 0.90% | Established outer pocket |
| Macleod | $1.09M | 3.00% | -4% | 0.80% | Train line, established middle-tier |
| Greensborough | $1.025M | 3.50% | 0% | 0.90% | LGA volume leader (220 sales/yr). Established commercial hub |
| Bellfield | $1.01M | 3.40% | +3% | 0.80% | Affordable LGA entry |
| Yallambie | $990K | 3.20% | +1% | 0.90% | Established family pocket |
| Watsonia | $974K | 3.20% | +6% | 0.80% | Town Square redevelopment underway |
| Briar Hill | $944K | 3.20% | +2% | 0.80% | Affordable middle-tier |
| Watsonia North | $895K | 3.30% | 0% | 0.90% | Established middle-tier |
| Heidelberg Heights | $840K | 3.40% | -8% | 1.10% | Most affordable house entry. Adjacent to Heidelberg hospital cluster |
| Heidelberg West | $800K | 3.50% | +1% | 1.20% | Most affordable LGA entry. Unit market 52 sales at 4.4% |