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
-5%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | $1,034,000 | $890,000 |
| 3 | $1,333,750 | $815,000 |
| 4 | $1,592,500 | $950,000 |
| Insight | Highett | Metro comparison |
|---|---|---|
| Clearance rate | 70% | 79.5% |
| Days on market | 49 | 39 |
Rental data
Median weekly rent
$810
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Highett | Metro comparison |
|---|---|---|
| 2 | $570 | $580 |
| 3 | $710 | $550 |
| 4 | $998 | $600 |
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