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VIC › Highett › Graham

Terrace J-G07, 37 Graham, Highett VIC 3190

For saleApartment

$1,461,600

For sale

Asking

3

Bedrooms

3

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,461,600 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,461,600(Listing record · 14 May 2025)
  • CalculationAsk is 1% 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 2.15% — 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

$1,461,600

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

-1.2%

Median sale

Suburb $1,480,000

+0.03 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
$1,461,600
Stamp Duty (Victoria)
$80,388
Transfer/Registration Fee
$3,523
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
$1,549,211

$87,611 on top of the price (6.0% 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
0.65%
Annual cashflow (pre-tax)
$-66,571
Interest cover (DSCR)
0.12
Annual rent
$31,356
Operating expenses
$21,924
Loan amount
$1,169,280
Annual interest
$76,003
Gross yield
2.15%

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$1,461,600available14 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 2.1%. 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

Luxury Collection: 3-Bed, 3-Bath Terrace in Green Community

Stamp Duty Savings Available Now | Secure with Just 5% Deposit

For a limited time only, new purchasers at Highett Common can enjoy a $12,000 furniture package from Coco Republic, including a private styling consultation with their interior designers.

Welcome to Highett Common--a master-planned Bayside village where nature and refined living converge. Spanning 9.3 hectares, over 42% of the site is dedicated to green open space, featuring a 3-hectare nature reserve and a 1-hectare community park. This thoughtfully designed precinct offers architecturally diverse homes oriented to maximise leafy views across conservation areas and parkland, creating a rare synergy between natural landscapes and built environments.

Read the full description

This light-filled two-bedroom apartment boasts an open-plan design, floor-to-ceiling glazing, and seamless glass doors leading to the balcony, celebrating the surrounding park views. The living zones are spacious, with a thoughtful blend of aesthetics and function, showcasing a texturally rich palette of materials and clean lines. Matte finish timber floors and recessed ceiling tracks for curtains contribute to the minimalist style throughout.

The kitchen integrates seamlessly with the living zones, featuring full-height panels of timber laminate or satin white joinery to conceal a myriad of storage and functional elements. Timber-inspired finishes and marbled or stone benchtop and splashbacks ground the design with a warm and earthy presence. A suite of premium appliances underscores a commitment to delivering the very best in top-of-the-line inclusions.

Resort-style amenities elevate daily life, with indoor and outdoor pools, wellness hubs for fitness and yoga, and a new library for residents and the community. Highett Common nurtures a refined balance of buildings and nature with boundless inspiration for life, leisure, and play.

Adored for its long-established, tree-lined streets and bustling cafes, Highett offers a rare blend of suburban and cosmopolitan character, holding place amongst the most desirable neighbourhoods in Melbourne. Experience the best of Bayside living with a short drive to Sandringham Beach or take advantage of the surrounding casual and refined dining experiences. Shop right around the corner at Highett Road shopping precinct or take a short trip to Southland Shopping Centre. Public transport has never been easier with Highett Train Station moments away and the future Suburban Rail Loop within close proximity.

Sustainably designed to become the first Net Zero Community in Victoria, Highett Common delivers a refined balance of buildings and nature with boundless inspiration for life, leisure, and play--where a close-knit community comes together to enjoy the pleasures of modern living.

Construction Underway, Move in October-November

* Resort-style amenities

* Nature reserve & parkland

* Close to Highett train station

* Highett Road eateries

* Short drive to Sandringham Beach

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

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Gym
  • In-Ground Pool
  • Secure Parking
  • Solar Panels

Also look at

Also for sale in Highett

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  • Apartment F-204, 37 Graham, Highett VIC 3190

    2-bed apartment. Asking $837K.

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

    2-bed apartment. Asking $725K.

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

    3-bed apartment. Asking $1.26M.

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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.