481 Highett Road, Highett, VIC 3190 | Property Value & History | OnTheHouse
 
OFF MARKET

481 Highett Road
Highett VIC 3190

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 75m2
Land area: 1691m2
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Property Details for 481 Highett Rd, Highett

Building Type
Commercial
Year Built
2017
Floor Size
75m2
Land Size
1691m2
Local Government
Bayside
Lot/Plan
G09/PS735949

Last Listing description (November 2023)

Aston Commercial are pleased to offer 481 Highett Road, Highett to market via Private Sale.

Key property attributes include:

Leased until 31st August 2025

Two (2) further term of five (5) years
3.5% annual increases
Prime corner location in transforming precinct
High quality internal fit out
Excellent access to major arterial roads
High yielding investment opportunity

This is a great opportunity to purchase a modern corner retail investment benefiting from a secure and long term lease to popular and established restaurant Paradai Thai.

This is a fantastic investment ideally suited for buyers looking to secure a high yielding asset in a proven and transforming location.

Contact the exclusive agents from Aston Commercial for further information.

*approx

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Property History for 481 Highett Rd, Highett, VIC 3190

A timeline of how this property has performed in the market
Last Sold
$1,125,000
01 Dec 2023
Listed for Rent
$430/w
18 Jan 2022
  • 01 Dec 2023
    Sold for $1,125,000
  • 28 Sep 2023
    Listed for Sale Contact Agent
  • 19 Apr 2021
    Listed for Rent $430 / week
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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 8,265 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 21 properties listed for sale, and 4 properties listed for rent in Highett on OnTheHouse. According to Cotality's data, 386 properties were sold in the past 12 months in Highett.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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