Property value increases in Highton have tracked close to the VIC average of -1.79% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Highton comes in at number 224th in VIC.
Property investors looking for a bargain in Highton should be aiming for at least -6.13% off the asking price, which is the average vendor discount being achieved at the moment.
Highton is 359th on a list of best yielding suburbs for rents in VIC with a 3.36% return
With a capital gain of 23.53% for the last 12 months, Highton, 3216 has performed for property investments than its average annual 5.86% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Highton has increased when compared to the 5 year average annual rate.
At number 161th of VIC’s most discounted properties, Highton is in the TOP 40% of the state/territory when listing in order of most discounted to least.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 3.96%, without taking into account capital value appreciation, which has been averaging out at 5.86%.