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
$1.8mil
Quarterly price change
22.1%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $1,327,500 | $807,500 |
| 4 | $1,695,000 | $950,000 |
| Insight | Highett | Metro comparison |
|---|---|---|
| Clearance rate | 61.4% | 73.3% |
| Days on market | 38.5 | 42 |
Rental data
Median weekly rent
$700
Rental yield
2.5%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | $550 | $560 |
| 3 | $700 | $550 |
| 4 | $1,040 | $595 |
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