Market snapshot
Suburb insights for Highett3190
Change suburbHighett is located 17 km south of the CBD. Traversed by the Nepean Highway and the Frankston railway line Highett is a residential and industrial suburb in Melbourne's south. The large proportion of Highett's population (23%) is concentrated in the age groups 60+ and many households are comprised of one and two person households.
Sales data
Median sale price
$1.4mil
Quarterly price change
6.8%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | $1,100,000 | $881,200 |
| 3 | $1,367,000 | $810,000 |
| 4 | $1,570,000 | $942,350 |
| Insight | Highett | Metro comparison |
|---|---|---|
| Clearance rate | 71.8% | 78.5% |
| Days on market | 43 | 42 |
Rental data
Median weekly rent
$800
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | $550 | $580 |
| 3 | $725 | $550 |
| 4 | $1,000 | $600 |
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