Highett, 3190 ranked 111th in VIC when comparing growth in median property values or capital gain over the last 12 months. Highett is one of 2098 in our list for VIC
If we look at median property appreciation over just the last three months, Highett has given property investors a paper return of 0.48%. This puts Suburb as 498 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Highett itself are offering an average vendor discount of -4.82% to real estate investors.
Often selling an investment property can take time, and in Highett the average time real estate has been on the market is 38.47 days.
The VIC suburb of Highett, 3190 is in the Bayside local government area.
Investment property in Highett has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.11%
The five-year average increase in median property values for Highett,3190 has given property investors a potential capital gain of 29.03% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Highett, 3190. Typically our figures indicate that -5.99% is being offered, which puts this VIC suburb at 460th most discounted overall in Australia.
Highett, 3190’s gross rental yield is 3.53%