3/487 Highett Road, Highett, VIC 3190 | Property Value & History | OnTheHouse
OFF MARKET

3/487 Highett Road
Highett VIC 3190

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 1419m2
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Property Details for 3/487 Highett Rd, Highett

3/487 Highett Rd, Highett is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 1419m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
2008
Floor Size
93m2
Land Size
1419m2
Local Government
Bayside
Lot/Plan
3/PS514637

Last Listing description (September 2021)

SOLD BEFORE AUCTION

Secure Well Established Medical Investment


This remarkable Highett property has plenty of flexibility with the bonus of an existing medical permit.

The property:
+ 252sqm* of double fronted commercial area
+ A combination of different sized practitioner rooms
+ Fully air conditioned, carpeted and partitioned
+ 8 under cover parking spaces

The tenant:
+ Securely leased with a quality tenant
+ Leased until November 2022
+ Two further terms of three years
+ Rental $69,000 pa

Terms: 10% deposit, balance 30/60/90 days

Conveniently located with street frontage on Highett Road's popular shopping strip and opposite Highett Shopping Centre including Woolworths, Hunky Dory, BWS & Ramsay Pharmacy to name a few.

Close proximity to Southland Shopping Centre, Nepean Highway bulky goods retail precinct, Highett Train Station and Bus stops along Highett Road.

Just Commercial
Focussed on Successful Property Outcomes

Property History for 3/487 Highett Rd, Highett, VIC 3190

A timeline of how this property has performed in the market
Last Sold
$585,000
03 Mar 2018
Listed for Rent
$1.34k/w
12 Feb 2019
  • 03 Sep 2021
    Listed for Sale Please Contact Agent
  • 12 Nov 2018
    Listed for Sale POA
  • 12 Nov 2018
    Listed for Rent - Price not available
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About Highett 3190

The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2016 was 10454 people. By 2021 the population was 12016 showing a population growth of 14.9% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation.In 2021, 70.40% of the homes in Highett were owner-occupied compared with 68.60% in 2016.

Highett has 8,264 properties. Over the last 5 years, Houses in Highett have seen a 6.57% increase in median value, while Units have seen a 11.48% increase. As at 31 March 2026:

  • The median value for Houses in Highett is $1,526,411 while the median value for Units is $734,169.
  • Houses have a median rent of $775 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Highett on OnTheHouse. According to Cotality's data, 378 properties were sold in the past 12 months in Highett.

Suburb Insights for Highett 3190

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.