Investment property in Highton has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.54%
If we look at median property appreciation over just the last three months, Highton has given property investors a paper return of 0.31%. This puts Suburb as 436 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Highton is $525000, with sellers offering an average of -5.29% off the asking price.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.
Property investors who have had real estate in Highton, 3216 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.09%
Across a shorter period, Highton, 3216 has seen a median price increase of -5.45% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Highton itself are offering an average vendor discount of -4.91% to real estate investors.
With the median price for a house in Highton being $325000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.64%