Suburb Profile Report for Highton VIC (3216)

Highton House: Median price $560,000, Annual capital growth 5.23%, Number of sales 343, Weekly median advertised rent $380

Highton Unit: Median price $325,000, Annual capital growth 3.52%, Number of sales 55, Weekly median advertised rent $295

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 9.80% for the last year, Highton, 3216 is the 1121th highest performer in Australia in this respect.

Highton,3216 was ranked 732 in Australia by increase in median property value over the quarter.

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 Highton, 3216. Typically our figures indicate that -5.63% is being offered, which puts this VIC suburb at 2104th most discounted overall in Australia.

Highton is in the bottom 30% in VIC when comparing median price capital growth over the last year. Highton gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.40%.

While Highton,3216 ranked number 207th in VIC for increase in median house value (annualised) increase, it is ranked 218th over the last 5 years.

Highton, 3216 is offering VIC ‘s 149th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

At number 547 in a list of fastest selling suburbs, Highton is in the TOP 40% of suburbs in Australia with an average of days on market 67.66 for properties listed there.

Highton is 119th on a list of best yielding suburbs for rents in VIC with a 4.72% return

Metrics i HOUSE UNIT
$560,000 $325,000
4.67% 0.00%
9.80% -2.40%
5.23% 3.52%
$380 $295
343 55
3.53% 4.72%
63.54 67.66

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 16656
Median household income ($/weekly) 1379
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2134 12.8
    25-34 years 1707 10.2
    35-44 years 2142 12.9
    45-54 years 2446 14.7
    55-64 years 2086 12.5
    Others 6142 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 7074 56.5
    Not Married 4695 37.5
    Defacto Relationship 742 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 13248 82.2
    Croatia 191 1.2
    Indonesia 187 1.2
    United Kingdom 863 5.4
    Other 390 2.4
    Others 1235 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 169 1.1
    Christianity 11017 71.3
    Hinduism 124 0.8
    Islam 208 1.3
    No Religion 3827 24.8
    Others 105 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 560 10.1
    $800-$999 502 9.0
    $1,500-$1,999 716 12.9
    $2,000-$2,499 560 10.1
    $2,500-$2,999 557 10.0
    Others 2671 48.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4762 36.0
    Not in the labour force 4650 35.1
    Employed, worked part-time 2996 22.6
    Employed, away from work 457 3.5
    Unemployed, looking for work 375 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1065 13.0
    Professionals 2241 27.3
    Technicians & trades workers 1000 12.2
    Clerical & administrative workers 1123 13.7
    Sales 996 12.1
    Others 1785 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 290 6.6
    Infants/Primary 1404 31.9
    Secondary 1187 27.0
    Technical or Further Educational Institution 345 7.8
    University or other Tertiary Institutions 1058 24.0
    Others 118 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14264 90.9
    Flat, unit or apartment 1177 7.5
    Semi-detached, row or terrace house, townhouse 242 1.5
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2556 42.3
    Being purchased 2225 36.9
    Rented 1235 20.5
    Other tenure type 20 0.3
    Tenure Type
Census 2011, ABS
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