At number 297th in the list of Australian suburbs ordered by increase in median house value over the last year, Highett, 3190 is in the top 10% with a property value increase of 21.68% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Highett has increased when compared to the 5 year average annual rate.
At number 590th of VIC’s most discounted properties, Highett is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Highett is 524th on a list of best yielding suburbs for rents in VIC with a 2.29% return
With a capital gain of 7.08% for the last 12 months, Highett, 3190 has performed for property investments than its average annual 6.31% property growth over the last 5 years.
Across a shorter period, Highett, 3190 has seen a median price increase of 1.00% over the last quarter.
Property buyers and investors in Highett 3190 should be seeing an average reduction in asking price of around -6.48% . This means that Highett is holding prices well when compared to other suburbs in VIC.