Ashwood vs Highett
Property investment comparison - Ashwood, VIC 3147 vs Highett, VIC 3190
Head-to-head across core investment metrics: Ashwood wins 1, Highett wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Ashwood | Highett |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $1.0M | $705K |
| Gross rental yield (houses) | - | 3.21% |
| Gross rental yield (units) | - | 4.54% |
| 1-year house growth | -6.2% | -0.2%estimate |
| 3-year house growth | -1.4% | - |
| Vacancy rate | 0.6% | 1.4% |
| Population | 7,154 | 12,016 |
Ashwood vs Highett: what the numbers say
The median house price is $1.4M in Ashwood and $1.4M in Highett, so Highett is the cheaper entry point.
For units, Ashwood sits at a median of $1.0M against $705K in Highett, which makes Highett the more affordable unit market and Ashwood the pricier one.
Over the past year house prices moved -6.2% in Ashwood and -0.2% in Highett (an estimate), so recent momentum favours Highett, while Ashwood went backwards.
Rental vacancy is 0.6% in Ashwood and 1.4% in Highett, so landlords in Ashwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Highett is the bigger suburb, with a population of 12,016 against 7,154, larger than Ashwood; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Highett for a lower purchase price, Highett for recent price momentum, Ashwood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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