Highett is bayside Melbourne's outstanding affordability story — a suburb adjacent to Sandringham Hospital with direct Frankston train access where sub-$950K entry prices, improving residential amenity, and strong beach proximity (Sandringham Beach is 2km) create excellent investment value. The Highett Grassy Woodland's nationally significant rare ecosystem reserve, improving suburban streetscapes, and persistent bayside demand from buyers priced out of Sandringham and Cheltenham drive consistent capital growth well above Melbourne's metropolitan average. At the current $950k median house price, an 80% loan at 6.25% over 30 years is about $4,679 per month.
| Median house price | $950,000 |
|---|---|
| Median unit price | $600,000 |
| Estimated monthly repayment | $4,679 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 3.8% |
| Typical days on market | 13 |
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