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Investment Property Highett, VIC, 3190

Suburb Snapshot

Highett is a suburb in the Bayside Region of Victoria. Highett has a population of 10,452 people and 25.09% of its occupants live in rental accommodation. The median listing price for houses is $1,300,000 and this has changed 0.00% over the past year and changed -3.71% over 2 years.

The median rent in Highett for houses is $725 per week and the median rental yield is 2.90%. Stock on the market for houses/townhouses has changed 29.03% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $595,000 and this has changed 0.84% over the past year. The average unit takes 110 days to sell and the median rent for a unit in Highett is $530 per week, producing a rental yield of 4.63%.

Supply & Demand in Highett, Bayside

0.83%

Current vacancy rate


52

Rental stock available


10,452

Population


25.09%

Rental population


0.78%

Current vacancy rate


388

Rental stock available


97,092

Population


20.32%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Highett, Bayside

  House Townhouses Units
Median listing price $1,300,000 $1,053,500 $595,000
Median price change - last quarter -3.71% 0.33% 1.01%
Median price change - 1 year 0.00% -0.85% 0.84%
Median price change - 2 years -3.71% 8.60% 1.70%
  House Townhouses Units
Median weekly rent $725 $850 $530
Median yield % 2.90% 4.19% 4.63%
Median rent change - 1 year 7.40% 9.67% 6.00%
  House Units
Previous month sales 21 7
Stock on market previous month 80 71
Stock variance vs. last year 29.03% -33.02%
Average days on market 63 110

Highett investment property listings

Showing 2 of 2 investment properties found in Highett on realestateinvestar.com.au

13 Train St, HIGHETT

$1,580,000

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5

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2

House

VIC 3190


23 Advantage Rd, Highett

$0

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Warehouse opportunity in a highly sought-after location

Z. Commercial is thrilled to present a unique and outstanding opportunity positioned in a tightly held industrial precinct, this 862m² (approx.) freehold warehouse offers an outstanding opportunity for owner-occupiers, investors, or developers. Boasting 385m² (approx.) of building area, including ...

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3

Commercial

VIC 3190


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