Property investors who have had real estate in Highton, 3216 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Highton,3216 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -11.89% to buyers in Highton at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $200 and the average annual increase in value of a median property of 15.23%, investors should hope to achieve an overall return of 1.19%
If you compare the increase in value of investment property in Highton, 3216 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 23.64%.
Over the longer term, Highton has seen property prices show investors a 30.45% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Highton is giving property investors an average Vendor Discount of around -2.06%. This puts suburb at number 183th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $22360 per annum or $430 every week.