Highton suburb profile
Highton is a picturesque suburb located in the southwestern part of Geelong, Victoria, known for its scenic landscapes and family-friendly atmosphere. Nestled along the banks of the Barwon River, Highton offers residents a blend of natural beauty and modern conveniences. The suburb is characterized by its leafy streets, spacious parks, and a strong sense of community. With a variety of schools, shopping centers, and recreational facilities, Highton caters to families and professionals seeking a balanced lifestyle. Its proximity to Geelong's city center and easy access to the Great Ocean Road make it a desirable location for those who appreciate both urban and coastal living.
Highton property market performance
Highton's property market has remained stable over the past 12 months, with no change in median house and unit values. The median house price is currently $881,000, while units are priced at $520,000. This stability reflects a balanced demand for both property types in the area.
Sales activity has been consistent, with 78 houses and 19 units sold over the last 12 months. Houses are selling faster, with a median of 39 days on the market, compared to 59 days for units, indicating a stronger demand for houses.
The rental market in Highton has seen modest growth, with house rents increasing by 3.8% and unit rents by 2.4% over the last 12 months. The average rent for houses is $550, while units average $420, suggesting a steady interest in rental properties.
Median price - houses$864KPast 3 months
Median price - units$519KPast 3 months
Change in value - houses-5.4%12 months
Change in value - units-4.6%12 months
Houses sold88Past 3 months
Units sold22Past 3 months
Median DOM - houses42Past 12 months
Median DOM - units59Past 12 months
Average rent - houses$550Past 12 months
Average rent - units$420Past 12 months
Change in rent - houses4.8%Past 12 months
Change in rent - unitsN/APast 12 months
Highton demographics
Highton, a picturesque suburb in Geelong, Victoria, is known for its family-friendly environment and scenic landscapes. With a population of 20,736, it offers a blend of suburban tranquility and urban convenience. The median age of 39 suggests a mature community, with a significant number of families and long-term residents who appreciate the suburb's peaceful atmosphere and proximity to essential amenities.
The suburb is characterized by a strong sense of community, with nearly half of the families being couple families with children, making up 49% of the population. This is complemented by 39.3% of couple families without children, indicating a balanced demographic mix. One-parent families account for 10.9%, while other family types are relatively rare, at just 0.9%.
Property ownership in Highton is robust, with 39.3% of homes owned outright and 39% owned with a mortgage, reflecting a stable housing market. The rental market is less dominant, with only 21.8% of properties being rented, which may appeal to those seeking long-term residency. The median total household income of $2,054 per week suggests a comfortable standard of living, attracting professionals and families alike.
Highton's appeal lies in its blend of natural beauty, community spirit, and accessibility to Geelong's city center, making it an ideal location for those seeking a harmonious lifestyle with the benefits of both suburban and urban living.
Highton infrastructure, key developments and investment opportunities
Highton is experiencing several developments that may impact its property market. The recently opened Barrabool Hills Plaza on Provence Boulevard has enhanced local amenities, featuring a Woolworths supermarket and specialty shops. This addition complements the existing Highton Village shopping strip, improving convenience for residents and potentially boosting property values in the surrounding areas.
Infrastructure improvements include ongoing residential expansions, particularly in the areas north of Barrabool Road and west of Scenic Road, which have led to a significant increase in Highton's population. The suburb's proximity to the Geelong Ring Road enhances connectivity to Melbourne, while public transport options have been bolstered with bus routes connecting Highton to Geelong's city center and Deakin University. These developments, combined with Highton's scenic views and established community facilities, continue to make it an attractive suburb for homebuyers.
Highton rental market trends
The rental market in Highton has experienced modest growth, with house rents increasing by 3.8% over the past year to $550 per week, while unit rents have risen by 2.4% to $420 per week. This steady growth reflects a stable demand in the area, making Highton an attractive option for both renters and investors seeking consistent returns in a well-established suburb.
Suburbs near Highton
Some popular suburbs near Highton include: