Investment property in Highton has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.96%
Highton,3216 was ranked 2233 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Highton is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 346th in terms of most discounted suburbs in VIC
At number 568th in the list of Australian suburbs ordered by increase in median house value over the last year, Highton, 3216 is in the top 40% with a property value increase of 7.42% recorded in median house prices.
While Highton,3216 ranked number 303th in VIC for increase in median house value (annualised) increase, it is ranked 154th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Highton is offering property investors an average of -5.33. This rate of discount on properties puts Suburb at number 140th in terms of most discounted suburbs in VIC
Residents and property investors in Highton have been waiting around 80.64 days to sell a property.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.