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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:

Common questions about Highton

  • Is Highton a nice place to live?

    Highton is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a wonderful place to call home. With its charming leafy streets and proximity to the Barwon River, the suburb exudes a peaceful vibe that is perfect for families and individuals seeking a serene lifestyle. The community spirit in Highton is palpable, with residents enjoying a strong sense of belonging and camaraderie. The suburb is well-equipped with amenities, including shopping centers, cafes, and recreational facilities, ensuring that everything you need is within easy reach.

    Families will find Highton particularly appealing due to its excellent selection of schools and safe, welcoming environment. The suburb's parks and green spaces provide ample opportunities for outdoor activities, making it ideal for children and adults alike to enjoy nature. While Highton offers a relaxed lifestyle, it is not far from the bustling city center of Geelong, providing easy access to urban amenities and entertainment options. The suburb's location also offers the advantage of being close to the Great Ocean Road, perfect for weekend getaways and coastal adventures.

    However, living in Highton does come with some trade-offs. While the suburb is picturesque and family-friendly, those seeking a vibrant nightlife or a more urban lifestyle might find it a bit too quiet. Additionally, as Highton continues to grow, residents may experience increased traffic and development in certain areas. Nonetheless, for those who value a balanced lifestyle with a strong community feel and access to both nature and city conveniences, Highton is a truly charming place to live.

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  • Is it expensive to live in Highton?

    Living in Highton can be considered relatively expensive, especially when compared to the average wages across Victoria. The median house price in Highton is $881,000, which is quite high, and the median unit price is $520,000. These figures indicate a significant investment is required to purchase property in this suburb. Renting is also on the higher side, with the average rent for houses being $550 per week and units averaging $420 per week over the last year.

    When you look at the income side of things, the average wage in Highton is about $90,000 per year. This is notably higher than the average annual salary in Victoria, which is around $65,000. This higher earning potential in Highton might help offset the costs of living to some extent, but housing still takes up a substantial portion of income. If you are thinking of living in Highton, it's important to factor in these costs and weigh them against the benefits of residing in this well-regarded suburb. The combination of higher property prices and rents suggests that while Highton offers a desirable lifestyle, it comes with a price tag that reflects its appeal.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Highton a good place to invest?

    Highton presents a stable investment opportunity, particularly for those seeking steady rental income. Over the past year, the suburb has experienced no change in median house and unit values, indicating a stable market environment. This stability can be appealing to investors who prefer a low-risk investment with predictable outcomes. Despite the stagnant property values, rental prices have shown positive growth, with house rents increasing by 3.8% and unit rents by 2.4%. This suggests a healthy demand for rental properties, which can provide a reliable income stream for property investors.

    Highton is known for its family-friendly atmosphere, good schools, and proximity to amenities, making it a desirable location for renters. The suburb's appeal to families and professionals ensures a steady demand for housing, which can contribute to consistent rental returns. While the lack of capital growth in property values might not attract those looking for quick gains, the suburb's stable rental market and community appeal make it a sound choice for investors focused on long-term rental income and gradual property appreciation. Overall, Highton offers a balanced investment opportunity with its steady rental market and community-driven demand.

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