Highett at a glance
12,766
People
$1,480,000
Median sale
$603/wk
Median rent
2.12%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
$1,525,000
Last sold
24 Nov 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
723.029 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,525,000
24 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Highett (last 5 years) with land size have a median of $2,216/m² of land (n=14). Districts calculation from recorded sales — not a valuation.
Highett at a glance
12,766
People
$1,480,000
Median sale
$603/wk
Median rent
2.12%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Highett
+3.0%
Median sale
Suburb $1,480,000
-0.06 pp
Gross yield
Suburb 2.12%
Suburb median $1,480,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $603/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Highett at a glance
12,766
People
$1,480,000
Median sale
$603/wk
Median rent
2.12%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupThis all-original, blonde-brick garden beauty on a huge 723sqm (approx.) parcel is brimming with 1950s charm and broad family appeal. Comfortable, beautifully preserved and presented for those who value extra space, large rooms, high ceilings, natural light and the beautiful period details renowned for its era.
And it goes without saying just how rarely a property this beautifully presented, on a block of this proportion, becomes available in this exclusive street these days - with very few Barnet Street properties having ever changed hands!
A fantastic location within an easy walk to Bay Road, Highett station and cosmopolitan latte strip; one stop away from Westfield Southland, two from Charman Road; close to Waves Leisure Centre, multiple prestigious golf courses, and quality schools within walking distance away.
Lovingly nurtured over decades by its longstanding owners, this is a dream family opportunity with so much to love and embrace and "options galore" being yours to explore.
Three large bedrooms with robes, a cute original bathroom with a bath and shower, separate toilet and an ENORMOUS laundry. Lounge, separate dining and kitchen with an incredible vintage stove, plus a large family room extension at the back.
Outside, there's a side access driveway, an oversized garage/workshop with internal workshop + a shed, immaculate front gardens and plenty of backyard space for the kids, pets and green thumbs to explore.
Ready and able to accommodate from day one for those with grand plans to bring this rock-solid beauty into 2023 and beyond - or you could subdivide and redevelop (STCA), or lease it out while you solidify your plans for an all-new build - the options are plenty and the choices are yours.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Dylan Jansma, Ray White The Bayside Group — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.