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VIC › Highett › Graham

Townhouse TH-02, 37 Graham, Highett VIC 3190

For saleApartment

$1,614,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,614,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,614,000(Listing record · 6 Mar 2025)
  • CalculationAsk is 9% above 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 1.94% — 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

$1,614,000

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

+9.1%

Median sale

Suburb $1,480,000

-0.18 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
$1,614,000
Stamp Duty (Victoria)
$88,770
Transfer/Registration Fee
$3,614
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
$1,710,084

$96,084 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
0.44%
Annual cashflow (pre-tax)
$-76,782
Interest cover (DSCR)
0.09
Annual rent
$31,356
Operating expenses
$24,210
Loan amount
$1,291,200
Annual interest
$83,928
Gross yield
1.94%

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$1,614,000available5 Mar 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 1.9%. 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

Spacious 4 Bedroom Family Townhome Surrounded by Nature

Take Advantage of Victoria's New Stamp Duty Incentive!

Thanks to Coco Republic, new purchasers will receive a $12,000 furniture package, including a private styling consultation with experienced Interior Designers!

The Townhomes at Highett Common are a series of architecturally distinct townhomes and terraces set amidst 4 hectares of parkland, offering a blend of nature, sustainability, and privacy. Designed to complement the surrounding environment, these homes feature exposed brickwork and modern, earthy materials, creating a contemporary living experience.

Read the full description

This 4-bedroom townhome spans two levels, providing flexibility as family needs evolve. The lower level includes spacious living areas, while the upper level offers retreats that can accommodate additional living zones, a home office, or media room. The design optimizes natural light and ventilation with outdoor spaces that encourage connection with nature. Independent street entry and internal access to the lockable garage increase privacy and security, while ample storage both inside and outside ensures an organized, functional living space.

The townhomes are appointed with a refined palette of timber, stone, glass, wool, and metal. The interior design features organic textures that create warmth and character, while forms are simplified to highlight the natural qualities of luxury finishes. High ceilings, floor-to-ceiling windows, polished stone finishes, and custom woodgrain veneers enhance the home's sense of space and design.

Special touches include an entry seat and timber feature wall, welcoming you home. Large living zones, bordered by expansive windows enhance the sense of volume and seamlessly connect the interior with the outdoor environment. The lounge flows into a custom kitchen with warm wood veneer cabinetry, sleek stone benchtops, and splashbacks. The island bench provides extra workspace and is perfect for entertaining. The kitchen is fitted with premium Smeg appliances, seamlessly integrated into the joinery and stone surfaces. The material palette offers a choice of light modern tones or darker, classic hues for customization.

As part of Highett Common, residents enjoy resort-like amenities including indoor and outdoor pools, two gyms, wellness hubs for fitness and yoga, and a new library for the community.

Highett offers a rare blend of suburban charm and cosmopolitan character, with tree-lined streets, bustling cafes, and a community-focused atmosphere. Enjoy beach views with your espresso or take a morning swim at Sandringham Beach, just a short drive away. The Highett Road shopping precinct is nearby, with Southland Shopping Centre also just a short trip away. Public transport is easily accessible, with Highett Train Station just moments away, and the future Suburban Rail Loop within close proximity.

Construction Underway.

Listing description written by Chad Arbid, Highett Common — reproduced as published, not verified by Districts.

Also look at

Also for sale in Highett

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

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  • Terrace J-G07, 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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