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
$1.3mil
Quarterly price change
-26.7%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,320,000 | $807,000 |
| 4 | $1,667,500 | $950,000 |
| Insight | Highett | Metro comparison |
|---|---|---|
| Clearance rate | 71.4% | 72.6% |
| Days on market | 40 | 43 |
Rental data
Median weekly rent
$700
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | $550 | $575 |
| 3 | $705 | $550 |
| 4 | $970 | $600 |
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