Highton is a large suburb in Victoria within the Greater Geelong local government area (postcode 3216). With a population of 20,736, the suburb has an established demographic with a median age of 39. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Highton is $864,000, having declined 5.5% over the past year. Units have a median price of $516,000 (-1.4% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,000.
Highton is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 74 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Highton offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($864K/$875K). The price-to-income ratio of 8.1x is considered moderate. House prices have moved -5.5% year-on-year.
Highton is a large suburb in Victoria within the Greater Geelong local government area (postcode 3216). With a population of 20,736, the suburb has an established demographic with a median age of 39. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Highton is $864,000, having declined 5.5% over the past year. Units have a median price of $516,000 (-1.4% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,000.
Highton is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 74 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Highton offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($864K/$875K). The price-to-income ratio of 8.1x is considered moderate. House prices have moved -5.5% year-on-year.