The Heart, VIC 3851
The Heart, VIC 3851 — a quiet year
Activity in The Heart, VIC 3851 was very light over the last 12 months: one house sold.
For a fuller picture of The Heart, the resident profile below is drawn from the most recent Census.
Who lives hereA family-oriented suburb, split fairly evenly between renters and owners.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
The Heart demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in The Heart?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in The Heart
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in The Heart
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.5× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around The Heart
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around The Heart
No school inside The Heart itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
The Heart median house price & rent
Headline price, rent, yield and time on market for The Heart — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
The Heart property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in The Heart
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
The Heart against the neighbourhood
Eight diagnostic views cutting the data a different way each time — The Heart in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
The Heart — Units & Houses, all bedrooms
The Heart median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Suburbs near The Heart: prices compared
The nearest suburbs to The Heart, ranked by distance — each lined up against The Heart on the same measures, so the differences jump out at a glance.
Frequently asked · The Heart
14 data-driven answers about The Heart's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in The Heart?
#The median house price in The Heart, VIC 3851 is $482k as of June 2026. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much is a 4 bedroom house in The Heart?
#As of June 2026, The Heart medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | — | $482k | $482k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseIs The Heart a tight or loose property market right now?
#The Heart's sales market sits at 5.8 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.
How it compares
Vs state, vs nearby, vs popularHow does The Heart compare to other VIC suburbs?
#The Heart's median house price ($482k) is 27% below the VIC median ($658k) as of June 2026.
What's the most popular property type in The Heart?
#The most-transacted segment in The Heart over the 12 months to June 2026 is 4 bed houses with 1 sale. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in The Heart last year?
#The Heart recorded 1 house sale and 0 unit sales over the 12 months to June 2026 — a combined 1 transaction. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is The Heart in?
#The Heart is in postcode 3851, in the Gippsland region of VIC. Addresses there are written as The Heart, VIC 3851.
What is the population of The Heart?
#The Heart, VIC 3851 is home to 24 residents (ABS Census 2021). The median resident age is 29, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in The Heart?
#The median household in The Heart earns $2k per week — roughly $84k a year (ABS Census 2021). Median personal income runs $659/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in The Heart?
#The unemployment rate in The Heart is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in The Heart?
#The Heart is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near The Heart?
#The Heart has 16 schools within reach — including Cobains Primary School, Araluen Primary School, St Thomas' School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is The Heart a good place to live?
#The Heart, VIC 3851 has a population of 24, a median age of 29, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 16 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this The Heart market data last updated?
#This The Heart market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.