VIC has seen average median house prices change by -1.79% which means that Highett, 3190 has not done well for property investors by showing a capital gain of -21.13% over the last year
Comparing Highett,3190 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Highett is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 100th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 8.25 sales per month, which equates to 99 per year.
If you compare the increase in value of investment property in Highett, 3190 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 13.04%.
Taking the average capital gain, or increase in median house value, Highett,3190 has racked up an average of 13.04% over the period. This ranks it number 410th in the whole country for real estate investors looking at median house price increases.
Highett3190 is located in VIC which offers an average discount of -6.31% to property investors. Highett itself is showing figures that indicate -5.41% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.