79 Barrabool RoadHighton VIC 3216
Property Details for 79 Barrabool Rd, Highton
Last Listing description (June 2024)
Only rarely do 'Highton Village' properties change hands. Such is the case with 79 Barrabool Road which has been owned since the complex was built in the late 1960's, and offering prime Barrabool Road frontage that extends through to the Bell Vue Arcade.
Comprising of two long standing tenancies on one title, the property presents as a blue chip investment with excellent future development potential.
- Building and land area 204m2 approx.
- Lease/s renewal August 2025 with 1 further option term of five (5) years
- Excellent customer carparking and pedestrian access
- Surrounded by prominent local and national businesses
Auction to be conducted on site in the Belle Vue Arcade.
Terms: 10% deposit, balance 30/60 days
Property History for 79 Barrabool Rd, Highton, VIC 3216
- 14 Jun 2024Listed for Sale Auction
- 16 May 2019Listed for Sale Not Disclosed
- 18 Sep 2014Listed for Sale Not Disclosed
Recent sales nearby
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0About Highton 3216
The size of Highton is approximately 11.6 square kilometres. It has 49 parks covering nearly 11.9% of total area. The population of Highton in 2016 was 18953 people. By 2021 the population was 20736 showing a population growth of 9.4% in the area during that time. The predominant age group in Highton is 20-29 years. Households in Highton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highton work in a professional occupation.In 2021, 76.70% of the homes in Highton were owner-occupied compared with 75.60% in 2016.
Highton has 9,981 properties. Over the last 5 years, Houses in Highton have seen a 25.63% increase in median value, while Units have seen a 20.66% increase. As at 28 February 2026:
- The median value for Houses in Highton is $1,021,102 while the median value for Units is $560,324.
- Houses have a median rent of $570 while Units have a median rent of $450.
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