Highton is in the bottom 40% 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 5.20%.
Over the longer term, Highton has seen property prices show investors a 13.67% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Highton is giving property investors an average Vendor Discount of around -5.60%. This puts suburb at number 320th in VIC when ranking the most discounted suburbs.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Giving property investors a an unimpressive capital gain of -3.60% for the last year, Highton, 3216 is the 1350th highest performer in Australia in this respect.
The five-year average increase in median property values for Highton,3216 has given property investors a potential capital gain of 7.36% across each of those five years.
Our latest figures would indicate that property sellers in Highton are currently offering property investors an average price cut of -5.00% below the asking price at the moment.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.70%, without taking into account capital value appreciation, which has been averaging out at 3.29%.