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Median values are calculated based on data over a 12 month period.

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Market Report

Highland Park has 104 houses available for sale. The median property price for a house is currently 916,000 with annual capital growth of 13.09 . There were 84 house sales in the past 12 months. On average, houses spend 14 days on market.

If you're thinking about buying an investment property in Highland Park, consider that rental yields for houses are currently 4.98 with an average median rent of 830 weekly. Houses have seen 0.66 growth in the past quarter, and 13.09 growth in the past 12 months.

The size of Highland Park is approximately 3.9 square kilometres. It has 19 parks covering nearly 10.9% of total area. The population of Highland Park in 2011 was 6,560 people. By 2016 the population was 6,569 showing a population growth of 0.1% in the area during that time. The predominant age group in Highland Park is 40-49 years.

Households in Highland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highland Park work in a trades occupation. In 2011, 77.4% of the homes in Highland Park were owner-occupied compared with 76% in 2016.

Highland Park has 34 units available for sale. The median property price for a unit is currently 579,750 with annual capital growth of 10.27 . There were 32 unit sales in the past 12 months. On average, units spend 20 days on market.

If you're thinking about buying an investment property in Highland Park, consider that rental yields for units are currently 5.91 with an average median rent of 655 weekly. Units have seen 4.46 growth in the past quarter, and 10.27 growth in the past 12 months.

The size of Highland Park is approximately 3.9 square kilometres. It has 19 parks covering nearly 10.9% of total area. The population of Highland Park in 2011 was 6,560 people. By 2016 the population was 6,569 showing a population growth of 0.1% in the area during that time. The predominant age group in Highland Park is 40-49 years.

Households in Highland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highland Park work in a trades occupation. In 2011, 77.4% of the homes in Highland Park were owner-occupied compared with 76% in 2016.

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Key Market Data House Unit
Median price 916,000 579,750
Quarterly growth +0.66 +4.46
12-month growth +13.09 +10.27
Average annual growth +10.52 +12.55
Weekly median rent 830 655
Gross rental yield 4.98 5.91
Number of Sales (12m) 84 32
Avg. Days on Market (12m) 14 20
Jump to Market Trends
Key Demographics 2011 2016
Total population 6,560 6,569
Population change (5y) +6.77 +0.10
Median household income (p/w) 1,205 1,407
Household income change (5y) +8.85 +16.76
Median age of persons 38 41
Jump to Demographics Trends
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