Suburb Profile Report for Highton VIC (3216)

Highton House: Median price $653,750, Annual capital growth 6.64%, Number of sales 329, Weekly median advertised rent $420

Highton Unit: Median price $339,000, Annual capital growth 3.43%, Number of sales 78, Weekly median advertised rent $300

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

Giving property investors a a stable capital gain of 8.96% for the last year, Highton, 3216 is the 1218th 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 39.10% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Highton, 3216. Typically our figures indicate that -4.81% is being offered, which puts this VIC suburb at 2552th most discounted overall in Australia.

Renters in Suburb are facing rents around $21840 per annum or $420 every week.

Over the last year, property investments in Highton, 3216 have given investors a capital gain of 4.95%. This compares averagely with the 7.73% for VIC as a whole.

The five-year average increase in median property values for Highton,3216 has given property investors a potential capital gain of 18.43% across each of those five years.

At number 145th of VIC’s most discounted properties, Highton is in the middle of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Highton the average time real estate has been on the market is 62.92 days.

Situated 69.50km from the CBD, Highton is one of Greater Geelong localities in the postcode 3216.

Metrics i HOUSE UNIT
$653,750 $339,000
2.63% 0.44%
8.96% 4.95%
6.64% 3.43%
$420 $300
329 78
3.34% 4.60%
51.68 62.92

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 16656
Median household income ($/weekly) 1379
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2134 12.8
    25-34 years 1707 10.2
    35-44 years 2142 12.9
    45-54 years 2446 14.7
    55-64 years 2086 12.5
    Others 6142 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 7074 56.5
    Not Married 4695 37.5
    Defacto Relationship 742 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 13248 82.2
    Croatia 191 1.2
    Indonesia 187 1.2
    United Kingdom 863 5.4
    Other 390 2.4
    Others 1235 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 169 1.1
    Christianity 11017 71.3
    Hinduism 124 0.8
    Islam 208 1.3
    No Religion 3827 24.8
    Others 105 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 560 10.1
    $800-$999 502 9.0
    $1,500-$1,999 716 12.9
    $2,000-$2,499 560 10.1
    $2,500-$2,999 557 10.0
    Others 2671 48.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4762 36.0
    Not in the labour force 4650 35.1
    Employed, worked part-time 2996 22.6
    Employed, away from work 457 3.5
    Unemployed, looking for work 375 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1065 13.0
    Professionals 2241 27.3
    Technicians & trades workers 1000 12.2
    Clerical & administrative workers 1123 13.7
    Sales 996 12.1
    Others 1785 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 290 6.6
    Infants/Primary 1404 31.9
    Secondary 1187 27.0
    Technical or Further Educational Institution 345 7.8
    University or other Tertiary Institutions 1058 24.0
    Others 118 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14264 90.9
    Flat, unit or apartment 1177 7.5
    Semi-detached, row or terrace house, townhouse 242 1.5
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2556 42.3
    Being purchased 2225 36.9
    Rented 1235 20.5
    Other tenure type 20 0.3
    Tenure Type
Census 2011, ABS
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