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VIC › Highett › Graham

Apartment F-204, 37 Graham, Highett VIC 3190

For saleApartment

$836,900

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $836,900 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $836,900(Listing record · 27 May 2025)
  • CalculationAsk is 43% below the Highett median recorded sale ($1,480,000, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Highett's advertised median rent ($603/wk), implied gross yield would be 3.75% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$836,900

Asking

No recorded sale for this property.

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 →

Vs Highett

-43.5%

Median sale

Suburb $1,480,000

+1.63 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.

Total cost to purchase

Purchase Price
$836,900
Stamp Duty (Victoria)
$45,284
Transfer/Registration Fee
$2,061
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$887,945

$51,045 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Highett's advertised median rent — not a rent for this listing.

Net yield
2.25%
Annual cashflow (pre-tax)
$-24,716
Interest cover (DSCR)
0.43
Annual rent
$31,356
Operating expenses
$12,554
Loan amount
$669,520
Annual interest
$43,519
Gross yield
3.75%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$836,900available27 May 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

Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Graham →

Listing material

Listed by Highett Common

East-facing 2 Bedroom, 1 Bathroom with Resort-like Amenities

Take Advantage of Victoria's New Stamp Duty Incentive! Maximum Stamp Duty Savings Available Now!

Welcome to The Mews Collection, the newest release at Highett Common--a master-planned village where natural beauty and thoughtful design come together. Set across 9.3 hectares in Bayside Melbourne, over 42% of the site is dedicated to green open space, including a three-hectare conservation reserve and a one-hectare park, offering an everyday connection to nature.

This two-bedroom, one-bathroom apartment faces the park and is designed to make the most of its surroundings. Floor-to-ceiling double-glazed windows and sliding glass doors open onto a balcony, letting in light, fresh air, and calming views of the trees beyond. Inside, matte timber floors, soft textures and a clean, flowing layout create a home that feels balanced, open, and welcoming.

Read the full description

The kitchen blends effortlessly into the living area, with full-height satin white or timber joinery that conceals generous storage. Stone or marble-look benchtops and splashbacks offer visual warmth and practical durability, while quality appliances ensure every detail is considered. Buyers can choose from two interior palettes--one soft and warm, the other modern and light--to personalise the space to their style.

Life at Highett Common is shaped by wellness, community and ease. Residents enjoy access to indoor and outdoor pools, dedicated fitness and yoga spaces, and a new public library. Whether it's a morning swim, a quiet afternoon walk, or a yoga session at the wellness hub, every element is designed to support a balanced lifestyle.

Perfectly positioned, Highett Common is just a short walk to Highett train station, local grocers and cafes, and a quick drive to Sandringham Beach, Southland shopping centre and surrounding dining destinations. Here, suburban calm meets urban convenience--coastal breezes one moment, espresso in hand the next.

Sustainably designed to become Victoria's first Net Zero Targeted Community, Highett Common brings together home, nature and community in a setting that just feels right.

* Nature reserve and parkland

* Pools, gyms and wellness spaces

* Close to shops, cafes and train

* Choose from two interior schemes

Listing description written by General Enquiries, Highett Common — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Gym
  • In-Ground Pool
  • Secure Parking

Also look at

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  • Terrace J-G07, 37 Graham, Highett VIC 3190

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  • Apartment J-410, 37 Graham, Highett VIC 3190

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  • Apartment J-503, 37 Graham, Highett VIC 3190

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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.