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VIC › Highett › Nepean Hwy

1082 Nepean Hwy, Highett VIC 3190

House

5

Bedrooms

1

Bathrooms

2

Car spaces

698 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 698 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Highett (last 5 years) with land size: median $2,139/m² of land (n=15). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Highett (last 5 years) with land size have a median of $2,139/m² of land (n=15). 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.

See the full Highett report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown2 Aug 2025
  2. Listedprice unknowncompleted9 July 2025
  3. Listedprice unknowncompleted9 July 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Highett in one glance

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.

See the full Highett report →

Keep researching

  • Why Highett? Read the area thesis →
  • What else is on the market in Highett →
  • Other records on Nepean Hwy →

Listing material

Listed by Ray White Bentleigh

From Jailhouse to Dream House-Your Move

Set on a substantial 724sqm (approx.) allotment (RGZ3), this former police station presents a rare and unique opportunity in the heart of Highett for renovators, investors, or developers seeking a property with exceptional potential. Decommissioned in the 1990s, the double-storey brick building still features an original jail cell in the backyard-an intriguing remnant of its historical past that adds character and conversation to the site.

Offering a spacious and highly flexible layout, the home is designed to accommodate a wide range of living arrangements across two levels. Upstairs, three generously sized bedrooms are serviced by a central bathroom, forming a comfortable family zone. Downstairs, two additional bedrooms extend the accommodation capacity, including a master bedroom featuring a walk-in robe, and additional space for a study and a sitting area-ideal for multi-generational living or work-from-home setups.

The living zone is expansive, complete with an electric heater and an air conditioning unit for year-round comfort. The open-plan kitchen, meals, and dining area provide a large communal space, with a gas cooktop and oven and durable tiled benchtops ready for use or refurbishment. The lower level also includes a separate WC, a practical laundry, and valuable under-stair storage.

Read the full description

Outside, the property features two separate storage rooms and a large, detached studio, perfect for use as a workshop, artist's retreat, or flexible utility space. A powder room is conveniently located outside. Ample off-street parking adds further appeal, while the solid brick construction and large landholding elevate the property's value as a renovation or redevelopment site (STCA).

Importantly, the property is located in the Residential Growth Zone - Schedule 3 (RGZ3), offering significant potential for higher-density development. With no heritage overlay in place, the site provides maximum flexibility for those looking to transform or reimagine the space.

Superbly positioned within walking distance to Highett Station, Highett Road Village, and Highett Shopping Centre, the property also enjoys close proximity to Highett Reserve, Waves Leisure Centre, Southland Shopping Centre, and Sir William Fry Reserve. Educational and recreational amenities nearby include Holmesglen Institute, Moorabbin Primary School, Moorabbin Reserve, Moorabbin Village, Basterfield Park, Bluff Road Village, and Peterson Street Reserve.

Offering an abundance of space, structural integrity, and untapped potential in a thriving Bayside suburb, this is a rare chance to make your mark on one of Highett's most distinctive and versatile properties.

*Please Note: Ray White Bentleigh/Carnegie kindly requests attendees to present Photo ID prior to property entry and inspection

Listing description written by Tom Grieve, Ray White Bentleigh — reproduced as published, not verified by Districts.

Also look at

Also for sale in Highett

  • 1125 Nepean Hwy, Highett VIC 3190

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  • 8/1161 Nepean Hwy, Highett VIC 3190

    1-bed apartment. Asking $385K–$410K.

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  • 2.21/1090 Nepean Hwy, Highett VIC 3190

    2-bed apartment. Asking $616K.

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  • U2, 4 Tennyson St, Highett VIC 3190

    2-bed townhouse. Asking $680K–$710K.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.