St Helena Suburb Profile 2025: Property Market, Lifestyle & Investment Insights

📍 About St Helena, VIC 3088

St Helena is a leafy, family-oriented suburb located just 21 km north-east of Melbourne’s CBD in the City of Banyule. With its quiet streets, strong community feel, and abundance of green spaces, St Helena offers a balance of suburban tranquillity and urban connectivity.

Covering approximately 1.8 km², the suburb is home to around 2,890 residents (2021 Census), making it one of Melbourne’s tightly held residential pockets. Families dominate the area, with over 79% of households being family-based and more than 52% couples with children.

🏡 Property Market Overview

• Median house price (Aug 2025): $1.15M

• Median rent: $750 per week

• Gross rental yield: 3.38%

• Recent sales (12 months): 27 houses

• Average days on market: 24

St Helena’s housing stock is dominated by freestanding family homes (83%), typically with three to four bedrooms, spacious backyards, and leafy surrounds. Properties in this suburb are highly sought after and rarely hit the market — a sign of strong community satisfaction.

For investors, the suburb’s rental yields remain moderate, while long-term capital growth reflects stability and demand from families seeking lifestyle and schooling advantages.

👨‍👩‍👧 Demographics Snapshot

Statistic	St Helena	Greater Melbourne
Median Age	46	37
Median Household Income	$2,256	$1,901
Owner-occupiers	82%	63%
Renting households	12.9%	30.2%
Unemployment Rate	3.3%	5.3%

👉 This profile shows St Helena attracts professionals, tradespeople, and established families. With low unemployment, higher-than-average incomes, and strong owner-occupier rates, it’s a suburb associated with financial stability and long-term residency.

🎓 Schools & Education

Education is one of St Helena’s biggest drawcards. The suburb is zoned to and surrounded by highly regarded schools, including:

• St Helena Secondary College – a well-known state secondary school with strong academic, music, and sports programs.

• Glen Katherine Primary School

• Holy Trinity Primary School

• North-Eastern Montessori School

• Easy access to tertiary institutions such as La Trobe University and RMIT Bundoora.

For families, the education options make St Helena a premium choice in Melbourne’s north-east.

🚆 Transport & Connectivity

St Helena residents enjoy a quiet suburban setting without sacrificing accessibility.

• By car: About 35 minutes to Melbourne CBD via Greensborough Bypass.

• Public transport: Local bus routes link residents to Greensborough Station, connecting to the Hurstbridge train line into the city.

• Local travel: Close to Diamond Creek Road and the Metropolitan Ring Road, providing access to major Melbourne employment hubs.

🌳 Lifestyle & Amenities

Life in St Helena is defined by convenience, greenery, and community.

• Shopping: St Helena Marketplace (local supermarket, cafes, services), with Greensborough Plaza and Eltham Village a short drive away.

• Parks & recreation: Over 17 parks and reserves, including Anthony Beale Reserve and proximity to Plenty Gorge.

• Community vibe: Family sports clubs, recreation facilities, and active neighbourhood associations contribute to the suburb’s welcoming feel.

• Cafes & dining: Local eateries provide relaxed suburban dining, while nearby Eltham and Diamond Creek expand options.

🏘️ New Development Spotlight: St Helena Place

One of the suburb’s key recent developments is St Helena Place, a master-planned community of 240 contemporary homes designed with green spaces, wetlands, and playgrounds. The estate has proven extremely popular, offering modern housing options while maintaining the suburb’s leafy, family-focused character.

For buyers, St Helena Place represents a rare opportunity to secure new housing in a tightly held suburb.

📈 Is St Helena a Good Investment?

St Helena ticks many boxes for both homeowners and investors:

✔ High owner-occupier rates = long-term community stability

✔ Excellent schools and education pathways

✔ Green, quiet environment within commuting distance of Melbourne

✔ Consistently strong buyer demand with limited housing turnover

While recent growth has softened (-3.36% over the past 12 months), long-term capital appreciation remains steady, supported by family demand and limited supply.

❓ Frequently Asked Questions

Where is St Helena located?

St Helena is 21 km north-east of Melbourne CBD, within the City of Banyule.

What is the median house price in St Helena?

As of August 2025, the median house price is $1.15M, with a median weekly rent of $750.

Is St Helena family-friendly?

Yes. With excellent schools, safe streets, abundant parks, and 80% family households, St Helena is one of Melbourne’s most family-oriented suburbs.

What types of properties are available?

The suburb is dominated by detached houses, with limited medium-density housing. New developments such as St Helena Place provide modern alternatives.

How easy is the commute to Melbourne CBD?

Around 35 minutes by car or 40 minutes via train from nearby Greensborough Station.

✅ Key Takeaway

St Helena, VIC 3088, is a hidden gem in Melbourne’s north-east — offering the perfect mix of family-friendly living, excellent schools, abundant greenery, and stable property values.

For homeowners, it provides a peaceful, connected lifestyle. For investors, it offers a secure, tightly held market with steady long-term growth.

📞 Interested in opportunities like St Helena?

Book a free strategy call with OwnerDeveloper today to explore how you can identify, evaluate, and develop in Melbourne’s most promising suburbs.