Investment property in Highgate has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.80%
Over the longer term, Highgate has seen property prices show investors a 28.30% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Highgate are currently offering property investors an average price cut of -9.71% below the asking price at the moment.
Often selling an investment property can take time, and in Highgate the average time real estate has been on the market is 104.53 days.
SA has seen average median house prices change by 4.27% which means that Highgate, 5063 has done well for property investors by showing a capital gain of -9.95% over the last year
If we look at median property appreciation over just the last three months, Highgate has given property investors a paper return of -1.90%. This puts Suburb as 135 on a list of fastest fasting appreciating suburbs in SA
Property buyers and investors in Highgate 5063 should be seeing an average reduction in asking price of around -2.52% . This means that Highgate is holding prices well when compared to other suburbs in SA.
At number 1290 in a list of fastest selling suburbs, Highgate is in the bottom 20% of suburbs in Australia with an average of days on market 114.63 for properties listed there.
Situated 4.50km from the CBD, Highgate is one of Unley localities in the postcode 5063.