Highett is in the TOP 20% in VIC when comparing median price capital growth over the last year. Highett gave property investors a very good capital gain figure when compared to the rest of the state, with 18.23%.
A 74.55% growth in median value for property investors in Highett,3190 puts this suburb at number 227th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Highett are currently offering property investors an average price cut of -2.35% below the asking price at the moment.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 2.34%, without taking into account capital value appreciation, which has been averaging out at 10.43%.
Highett, 3190 ranked 296th 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
When looking at the potential capital gains offered to property investors over the last 3 years, Highett comes in at number 195th in VIC.
Property investors looking for a bargain in Highett should be aiming for at least -5.48% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $400 weekly from the median priced house in this suburb.