Over the last year, property investments in Highett, 3190 have given investors a capital gain of 8.16%. This compares averagely with the 8.13% for VIC as a whole.
Over the longer term, Highett has seen property prices show investors a 48.91% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Highett are currently offering property investors an average price cut of -8.03% below the asking price at the moment.
Residents and property investors in Highett have been waiting around 62.1 days to sell a property.
Advertised rents are around the $510 mark per week – giving a return of 2.58% based on the median price in Suburb
If you compare the increase in value of investment property in Highett, 3190 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -5.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Highett comes in at number 214th in VIC.
At number 262th of VIC’s most discounted properties, Highett is in the TOP 20% of the state/territory when listing in order of most discounted to least.
At number 850 in a list of fastest selling suburbs, Highett is just in the bottom half of suburbs in Australia with an average of days on market 81 for properties listed there.