507/1148 Nepean Highway, Highett, VIC 3190 | Property Value & History | OnTheHouse
FOR SALE

507/1148 Nepean Highway
Highett VIC 3190

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 4997m2
This property is currently on the market
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Property Details for 507/1148 Nepean Hwy, Highett

507/1148 Nepean Hwy, Highett is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 4997m2 and floor size of 47m2.This Property is currently listed for sale with Ray White Cheltenham

Building Type
Unit
Year Built
2013
Floor Size
47m2
Land Size
4997m2
Local Government
Kingston
Lot/Plan
1507/PS701923

Last Listing description (July 2026)

Perched on the top floor of one of Highett's most highly regarded apartment buildings, this stylish penthouse delivers an exceptional lifestyle with panoramic views stretching towards the Dandenong Ranges, an expansive entertaining balcony, and the rare privilege of having Sir William Fry Reserve as your backyard.
Designed to maximise natural light and effortless living, the open-plan living and dining area spills seamlessly onto the oversized balcony, creating an inviting space to entertain, relax or simply soak in the ever-changing mountain backdrop. Cleverly designed, the bedroom can be closed off from the living area, providing privacy while allowing guests to enjoy the spacious indoor-outdoor entertaining zone.

The contemporary kitchen is beautifully appointed with stone benchtops, quality Fisher & Paykel appliances, a tiled splashback and generous pantry storage.

Thoughtfully designed to maximise every inch of space, the apartment offers an abundance of smart storage rarely found in one-bedroom living. Integrated drawers, concealed wall cabinetry, built-in wardrobes and cleverly hidden storage solutions keep the home beautifully organised, while a secure basement storage cage provides even more room for larger belongings.

The spacious bedroom features mirrored built-in robes and is serviced by a stylish bathroom with floor-to-ceiling tiles and features a discreetly located European laundry.
Additional features include ducted heating and cooling, secure video intercom entry, lift access, CCTV security, a basement car space, fibre internet connectivity and secure resident access throughout.

Perfectly positioned opposite Sir William Fry Reserve, you're just a short stroll to Westfield Southland, the newly upgraded Southland Station, Highett Village's cafs, restaurants and boutique shopping. With beautiful Bayside beaches only minutes away and easy access to Nepean Highway, this is a lifestyle location that's hard to beat.
Whether you're a first-home buyer, downsizer or investor, this is a rare opportunity to secure premium penthouse living with spectacular views, exceptional storage and unbeatable convenience.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections

Property History for 507/1148 Nepean Hwy, Highett, VIC 3190

A timeline of how this property has performed in the market
Last Sold
$390,000
14 Jun 2021
Listed for Rent
$355/w
12 Mar 2021
  • 02 Jul 2026
    Listed for Sale $395,000 - $430,000
  • 14 Jun 2021
    Sold for $390,000
  • 17 Mar 2021
    Listed for Sale Private Sale $380,000-$420,000
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About Highett 3190

The size of Highett is approximately 3.7 square kilometres. There are 8 parks, covering nearly 8.4% of the 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 8,400 properties. Over the last 5 years, Houses in Highett have seen a -6.84% decrease in median value, while Units have seen a 4.26% increase. As at 30 June 2026:

  • The median value for Houses in Highett is $1,453,615 while the median value for Units is $719,948.
  • Houses have a median rent of $800 while Units have a median rent of $625.
There are currently 27 properties listed for sale, and 4 properties listed for rent in Highett on OnTheHouse. According to Cotality's data, 365 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.