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Highlands, VIC 3660

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

High Yield SuburbTight Rental Market

Median House

$385,000

market range $350K-$875K

Median Unit

$350,000

Gross Yield (houses)

6.4%

1yr Growth

-

Investment snapshot for Highlands

Highlands has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Highlands market and investor summary

In Highlands, VIC 3660, the median house sells for around $385K, on a gross rental yield of 6.4% for houses. At 1.1% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 6.4% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 177 days on market, so plan for a slower exit if you ever need one.

Living in Highlands: people, income and schools

About 151 people live in Highlands, a number that has held fairly steady over five years. At a median age of 54, it reads as an older, established demographic, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $72,000 a year (about $1,380 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to roughly 5.4 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Population
151
+5% over 5yr
Median age
54 years
Median household income
$72,000/yr
Households renting
10%
Family households
72%
Socio-economic rank
2/10
ABS advantage index
Unemployment
11.0%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Highlands

No properties currently listed in Highlands

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Frequently asked questions about Highlands

What should I check before investing in Highlands?

Highlands has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 6.4%, before expenses, tax and loan costs. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Highlands?

The median property price in Highlands, VIC 3660 is $385K for houses and $350K for units.

What rental yield does Highlands show?

The gross rental yield in Highlands is 6.4% for houses and 5.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Highlands?

The current vacancy rate in Highlands is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Highlands?

Highlands has a population of approximately 151 residents, with a median age of 54.

Is Highlands affordable to buy in?

A median house in Highlands costs about 5.4 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Highlands's population growing?

The population of Highlands has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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