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.
VIC › Highett › Highett Rd
$1,575,000
Last sold
1 Apr 2023
4
Bedrooms
2
Bathrooms
3
Car spaces
251 m²
Land
Districts View
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
$1,575,000
1 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Highett (last 5 years) with land size have a median of $2,124/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
+6.4%
Median sale
Suburb $1,480,000
-0.13 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 scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3
NRZ3
Jurisdiction
Bayside (Vic.)
Bayside (Vic.), VIC
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 253 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 253 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria 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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
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 GroupA labour of love with a creative touch applied to every inch, this striking modern masterpiece delivers style, luxury and comfort on a grand scale.
From its attention-grabbing presentation to the street, you'll appreciate the level of detail, designer appeal and bravado in its monochrome colour palette, including jet-black texture-coated exteriors. Beyond the front door and to the back fence, this will delight those looking for something more.
At the front of just two, with its own driveway and no shared land or body corporate, securely fenced and gated with a double remote garage and additional driveway parking.
Internally, architectural elegance packed with natural light, luxurious renovations at every turn, and the utmost regard for quality, form and function. A chic black and white colour palette, and lavish extras to deliver comfortable interiors connecting to gorgeous outdoor entertaining.
Beautiful hybrid timber floorboards, ducted heating and evaporative cooling; high ceilings, double block-out/privacy blinds, LED strip-lighting, fully-tiled designer bathrooms with matte-black fittings, state-of-the-art kitchen, and an accommodating floor plan that can adapt to various buyers' needs.
4 generous bedrooms, or 3 with robes plus a downstairs office with its own outdoor retreat - perfect for visiting clients. 3 upstairs - the master with a fitted walk-in robe, balcony, and a black wall "headboard" paired with a barn door into the lavish ensuite.
A black Castano bathtub sits at the heart of the STUNNING family bathroom, along with black dual basins, timber vanity, heated towel rails and rainmaker showers in each.
Spacious office or additional living with outdoor access; an upstairs retreat, and a casual main living & dining with a kitchen designed by an award winning custom kitchen designer. Top-of-the-range CaesarStone slab surfaces, a full suite of elite Bosch appliances, and a hidden door into the butler's kitchen - every meal becomes a sublime culinary experience in this kitchen!
Connecting with a level wraparound deck bordered by hardy, established garden, tree and rock beds where you'll no doubt be able to find your zen.
Positioned for ultimate convenience within moments from the Highett Road strip, Highett station, close to Bay Road, Westfield Southland, Sandringham and Hampton Shopping precincts; close to Waves Leisure Centre, prestigious golf courses, and Mentone's elite private schools within an easy commute and only a 5 min drive to the beach.
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 Kevin Chokshi, Ray White The Bayside Group — reproduced as published, not verified by Districts.