VIC/
Highton

Suburb Profile

Highton - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3216

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Property investments in HIGHTON fare well against the rest of the country last year, registering a median home price increase of 9.66%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains HIGHTON, 3216 saw average growth in the long term.

Real estate investors could earn a rental income of $410 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 49.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $641,500.

HIGHTON ranks 279th on the list of best yielding suburbs for rental properties in VIC, posting a 3.32% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $641,500 $338,250
GROWTH REPORT
Median Quarterly 2.48% 0.97%
Median 12 month 9.66% 9.11%
Median 3 years 28.3% 10.9%
Median 5 years 40.22% 14.66%
10 years average annual 6.46% 3.81%
Weekly media advert. rent $410 $300
Time on Market 49.4 days 64.2 days
Gross Rental Yield Percent 3.32% 4.61%
demographics (median values)
Total Population
14491
Weekly Household Income
1113
Household Size
2.60
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Highton, VIC
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