VIC has seen average median house prices change by 8.06% which means that Highett, 3190 has done well for property investors by showing a capital gain of 15.46% over the last year
The five-year average increase in median property values for Highett,3190 has given property investors a potential capital gain of 60.57% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Highett is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 612th in terms of most discounted suburbs in VIC
Advertised rents are around the $520 mark per week – giving a return of 2.41% based on the median price in Suburb
Over the last year, property investments in Highett, 3190 have given investors a capital gain of -1.46%. This compares badly with the 3.11% for VIC as a whole.
Highett,3190 has offered an average of -1.46% return per annum in house price rises to property investors over the last three 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 -4.35% is being offered, which puts this VIC suburb at 985th most discounted overall in Australia.
Often selling an investment property can take time, and in Highett the average time real estate has been on the market is 82.95 days.