Suburb Profile Report for Highett VIC (3190)

Highett House: Median price $1,275,000, Annual capital growth 8.93%, Number of sales 146, Weekly median advertised rent $550

Highett Unit: Median price $617,500, Annual capital growth 5.19%, Number of sales 112, Weekly median advertised rent $408

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Highett has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 15.91% to date .

Over the longer term, Highett has seen property prices show investors a 56.11% return over the last 3 years. This is worse than over the last 12 months

The VIC suburb of Highett, 3190 is in the Bayside local government area.

Giving property investors a a stable capital gain of 10.27% for the last year, Highett, 3190 is the 495th highest performer in Australia in this respect.

Highett,3190 has offered an average of 10.27% return per annum in house price rises to property investors over the last three years.

Advertised rents are around the $407.5 mark per week – giving a return of 3.43% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,275,000 $617,500
1.19% 2.92%
15.91% 10.27%
8.93% 5.19%
$550 $408
146 112
2.24% 3.43%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Highett VIC
Demographics
Total population 10263
Median household income ($/weekly) 1386
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1194 11.6
    25-34 years 1276 12.4
    35-44 years 1857 18.1
    45-54 years 1378 13.4
    55-64 years 1095 10.7
    Others 3463 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 3688 49.1
    Not Married 3144 41.9
    Defacto Relationship 680 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6965 71.5
    Hong Kong 206 2.1
    Papua New Guinea 214 2.2
    United Kingdom 583 6.0
    Other 565 5.8
    Others 1204 12.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 139 1.5
    Christianity 5872 63.1
    Islam 126 1.4
    Judaism 184 2.0
    No Religion 2839 30.5
    Others 151 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 359 10.1
    $600-$799 314 8.8
    $1,500-$1,999 420 11.8
    $2,000-$2,499 329 9.2
    $2,500-$2,999 398 11.1
    Others 1751 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3201 41.0
    Not in the labour force 2533 32.4
    Employed, worked part-time 1591 20.4
    Employed, away from work 281 3.6
    Unemployed, looking for work 210 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 749 14.8
    Professionals 1444 28.5
    Technicians & trades workers 595 11.7
    Clerical & administrative workers 787 15.5
    Sales 511 10.1
    Others 987 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 230 10.5
    Infants/Primary 815 37.2
    Secondary 541 24.7
    Technical or Further Educational Institution 184 8.4
    University or other Tertiary Institutions 362 16.5
    Others 60 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6981 73.1
    Semi-detached, row or terrace house, townhouse 1808 18.9
    Flat, unit or apartment 749 7.8
    House or flat attached to a shop, office 18 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1521 39.2
    Fully owned 1327 34.2
    Rented 1013 26.1
    Other tenure type 20 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals