380 Waterdale Rd, Heidelberg Heights is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 669m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
A rare, permit-approved landholding in one of Heidelberg Heights most connected pockets, this outstanding development opportunity is ready to reward decisive developers. Set within immediate reach of Burgundy Streets vibrant caf culture, Darebin Creek trails, Northland Shopping Centre and the Warringal Parklands, the site combines lifestyle demand with proven buyer appeal.
The approved building envelope of approximately 662sqm accommodates 14 contemporary residences, thoughtfully designed to meet modern market expectations. A mix of one- and two-bedroom apartments with one or two bathrooms provides flexibility to target owner-occupiers and investors alike, responding directly to ongoing demand for low-maintenance, easy-living homes.
Future residences are positioned to deliver enduring lifestyle value, with scope for a refined material palette and considered design expressionallowing developers to elevate the project while maintaining strong commercial fundamentals.
This amenity-rich location places parks, schools, major retail, and public transport at the doorstep, with La Trobe University nearby and Heidelberg Station and key arterial roads ensuring seamless connectivity. The result is a compelling offering: approval certainty, design flexibility, and a location that consistently attracts buyers seeking convenience without compromise.
The size of Heidelberg Heights is approximately 2.1 square kilometres. There are 3 parks, covering nearly 3.5% of the total area. The population of Heidelberg Heights in 2016 was 6087 people. By 2021 the population was 6758 showing a population growth of 11.0% in the area during that time. The predominant age group in Heidelberg Heights is 30-39 years. Households in Heidelberg Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg Heights work in a professional occupation.In 2021, 56.00% of the homes in Heidelberg Heights were owner-occupied compared with 57.20% in 2016.
Heidelberg Heights has 4,323 properties. Over the last 5 years, Houses in Heidelberg Heights have seen a -5.66% decrease in median value, while Units have seen a 6.04% increase. As at 31 August 2026:
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