If you compare the increase in value of investment property in Highton, 3216 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 14.64%.
Comparing Highton,3216 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 232th of VIC’s most discounted properties, Highton is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Highton have been waiting around 55.61 days to sell a property.
With the median price for a house in Highton being $600000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.29%
At number 1501th in the list of Australian suburbs ordered by increase in median house value over the last year, Highton, 3216 is in the BOTTOM 20% with a property value increase of -7.45% recorded in median house prices.
The five-year average increase in median property values for Highton,3216 has given property investors a potential capital gain of 6.55% across each of those five years.
Vendor discounting in Highton is giving property investors an average Vendor Discount of around -4.48%. This puts suburb at number 168th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.
Highton is 80th on a list of best yielding suburbs for rents in VIC with a 4.92% return