Meadow Heights, VIC 3048: Suburb Profile, Property Insights & Development Potential (2025 Guide)
- Lina Zheng
- 4 days ago
- 4 min read
Meadow Heights is an established residential suburb located around 18–20km north of the Melbourne CBD, within the City of Hume. Known for its affordability, multicultural community, and large block sizes, Meadow Heights has become an increasingly interesting area for both property buyers and small-scale developers looking for value in Melbourne’s north.
This guide covers the latest market data, demographics, lifestyle features, risks and opportunities, and what developers should know before considering sites in Meadow Heights.
1. Overview of Meadow Heights
Postcode: 3048
LGA: Hume City Council
Population: ~14,890
Land Area: ~4.6 km²
Housing Stock: 82% freestanding homes, mostly 1980s brick dwellings
Transport: Roxburgh Park Station, Coolaroo Station, Upfield Line access, multiple bus routes
Connectivity: Close to Tullamarine Freeway, Western Ring Road, and Melbourne Airport
Meadow Heights is considered a practical and well-connected suburb for families, tradespeople, and professionals working across Melbourne’s northern growth corridor.
2. Property Market Snapshot (2025)
Median Prices
Median house price: ~$660,000
Median unit price: ~$500,000
Growth
12-month house growth: ~12–14% depending on source
Quarterly house growth: +4–5%
Unit growth (12 months): ~7–12%
Rental Market
Median house rent: ~$520–$530 per week
Median unit rent: ~$500 per week
Gross rental yields:
Houses: ~4.1–4.5%
Units: ~4.8–5.4%
Market Characteristics
Houses sell quickly in the area, often within 20–40 days depending on street appeal and land size.
Investors make up a significant portion of buyers due to strong yields and below-median prices compared to Greater Melbourne.
3. Who Lives in Meadow Heights?
Demographic Highlights
Median age: 34
Average household size: 3.3 people
Family households: ~82%
Owner-occupiers: ~65%
Born overseas: 53.7%
Key communities: Turkish, Iraqi, Lebanese, Assyrian, Syrian, Vietnamese
Employment
Strong representation in:
Trades
Machinery operators
Community & personal service
Professional services
Meadow Heights is a family-oriented, multicultural suburb with stable long-term residents and a growing younger population.
4. Lifestyle & Amenity
Green Spaces & Leisure
Moonee Ponds Creek Trail
Multiple reserves & playgrounds
Sports fields
Youth centres & community clubs
Shopping & Services
Meadow Heights Shopping Centre (IGA, bakery, Turkish sweets, essentials)
Close to Broadmeadows Central and Roxburgh Park Shopping Centre
Transport & Connectivity
Access to two major train lines
Buses to airport & surrounding suburbs
Short drive to freeways and major employment centres
5. What People Love About Meadow Heights
Large block sizes offering more space than many inner-north suburbs
Affordable entry price for families and first-time buyers
Strong multicultural community feel
Proximity to the airport
Quiet cul-de-sacs and leafy pockets (e.g., parts of Rokewood Crescent, Shankland Boulevard)
Convenient access to parks, schools, and everyday services
6. Common Local Concerns
While Meadow Heights offers strong value, buyers and developers should be aware of:
Airport noise overlay affecting building height, construction type, and subdivision potential
Inconsistent street appeal across the suburb
Higher-than-average unemployment rate in some pockets
Littering and maintenance concerns in select areas
Limited café and lifestyle culture compared to inner suburbs
These factors can influence feasibility, end-buyer demand, and resale value.
7. Development Potential in Meadow Heights
Why Developers Consider Meadow Heights
Large land parcels suitable for value-add strategies
600–700m² blocks common in many streets
Many older homes ripe for renovation or dual occupancy (subject to overlays)
Affordable buy-in compared to nearby Greenvale, Attwood, and Roxburgh Park
Planning Considerations
Airport Environs Overlay (AEO / MAO2) applies to parts of Meadow Heights
May restrict subdivision
May require acoustic insulation
Height limits may apply
Variability between streets
Some streets are quiet, leafy, and high-appeal
Others are more mixed or run-down
Infrastructure & transport proximity greatly impacts value
Streets near Shankland Blvd and Dunkeld St rate highly
Best Development Strategies
Renovate + modernise older brick dwellings
Dual occupancy potential (where overlay allows)
Townhouses on larger blocks in high-appeal pockets
Long-term hold due to increasing rental demand and strong yields
8. Meadow Heights vs. Nearby Suburbs
Suburb | Median House Price | Growth Trend | Key Notes |
Meadow Heights | ~$660K | Strong | Affordable, large blocks, mixed condition areas |
Roxburgh Park | ~$680–720K | Strong | Newer homes, family-oriented |
Coolaroo | ~$550–600K | Moderate | Similar demographic, lower prices |
Greenvale | $900K–$1.1M+ | Strong | Premium northern suburb |
Dallas / Broadmeadows | $570–630K | Mixed | Older housing, strong investor demand |
Meadow Heights sits in a middle category: more affordable than Greenvale, more spacious than Coolaroo, and more stable than parts of Broadmeadows.
9. Is Meadow Heights a Good Investment?
For yield-focused investors:
Yes — the suburb offers strong rental returns and rising rents.
For value-add developers:
Potentially — but site selection is critical due to overlays and variable street quality.
For long-term capital growth:
Moderate to strong — with recorded growth up to ~12% in the past 12 months.
For owner-occupiers:
Good for families seeking space and affordability.
10. How OwnerDeveloper Can Help
Buying or developing in Meadow Heights requires careful feasibility work, especially with overlays and street-by-street variations.
OwnerDeveloper helps clients with:
Development strategy
Builder alignment & cost control
Risk assessment (including overlays & zoning constraints)
If you’re considering a Meadow Heights property or want a clear assessment before you buy, OwnerDeveloper can help you make an informed decision.
Book Your Free Feasibility Consultation
Get a professional review of:
development potential
site constraints
expected costs
planning considerations
yield & profit forecasts
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