Blocks of units in Highett offer a lucrative investment opportunity due to strong rental yields and consistent market appreciation. Investors can expect to benefit from median unit prices that are currently $677k, making Highett a strategic choice for real estate investments.

• The median price for units in Highett is $677k as of Q2 2025, with a QoQ increase of 2.8%.
• Highett’s population is 12,016, and the median age is 40, offering a stable tenant demographic.
• Currently, only 1 active property listing in Highett prices at $820k shows limited supply.
• Median weekly rent in Highett is $430, presenting a viable rental income stream for investors.

What do the numbers say in Highett?

When evaluating blocks of units in Highett, it’s crucial to analyze current market data. According to DataVic/REIV, the median sale price for units was $677k in the April-June 2025 quarter, a 2.8% increase quarter-on-quarter and 1.8% yearly. The median house price in the same period was $1.55M, up 7.0% QoQ and 7.2% YoY. These figures illustrate a robust property market growth in Highett.

Moreover, the Australian Bureau of Statistics reported a median household income of $2,119 per week, reflecting the area’s prosperity. Such economic indicators make Highett a favorable destination for property investors seeking high rental yield regions. For more insights on high rental yield suburbs, you can explore high rental yield suburbs in Melbourne.

What are the key considerations when investing in Highett?

Investing in Highett’s blocks of units requires understanding several key factors. The demographics of the area include a population of 12,016 with a median age of 40, suggesting a mature and diverse pool of potential tenants. The tight supply, with only one active property listing priced at $820k, highlights the competitive buying environment.

Additional considerations include local amenities and transport links, which are crucial for attracting tenants. Highett’s proximity to Melbourne CBD and vibrant local lifestyle enhance its appeal. For those interested in broader Melbourne property investment opportunities, blocks of units in Melbourne offer diverse options.

How does Collings help investors?

Collings Real Estate provides tailored support for investors interested in blocks of units in Highett. We leverage first-party data to offer insights into current market trends and opportunities. With our extensive network and expertise, we guide investors through the buying process and optimize their property portfolios.

Utilizing resources such as our off-market portal, investors can access unique listings that fit their investment strategies. For comprehensive guides on similar investment regions, consider North Melbourne and South Melbourne.

Frequently asked questions

Curious about investing in Highett units? Interested parties can contact Collings at 03 9486 2000 or via email at info@collings.com.au for more details. We are located at 230 Waterdale Road, Ivanhoe, VIC 3079, and welcome in-person consultations.