Market analysis for investment properties in Highett
Highett offers a variety of shopping options, including the Highett Road shopping strip with boutique retailers, cafes, and restaurants. The nearby Southland Shopping Centre, one of the largest shopping centers in Melbourne, is only a short drive away, providing access to a wide range of stores and amenities.
The suburb is home to numerous primary and secondary schools, such as Highett Primary School and St Agnes Primary School for primary education, and Sandringham College for secondary education. These schools provide quality educational opportunities for families in the area.
Highett benefits from excellent public transport connections, with the Highett train station providing easy access to the Melbourne CBD via the Frankston line. Additionally, multiple bus routes serve the area, offering convenient transport options for residents commuting to the city or surrounding suburbs.
Highett boasts a number of parks and green spaces, including the Highett Reserve which features sporting facilities and playgrounds for families to enjoy. The nearby Braeside Park offers expansive natural areas, wetlands, and walking trails, providing residents with opportunities for outdoor recreation and relaxation amidst nature.
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
See live suburb and LGA market signals.
Investors analyzing Highett often compare these adjacent markets for better entry points or higher yields.
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Highett, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

Frequently asked questions about the Highett property market in 2026.
As of March 2026, the Highett property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of 4.44% and units have grown by 21.79%. These figures reflect the evolving demand within Bayside, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Highett range from $1,470,000 for houses to $852,500 for units. These values are calculated based on recent transaction data and current buyer activity across the Bayside region.
For investors targeting cash flow, houses rent for $872.5 /pw with a 3.09% yield, while units rent for $620 /pw with a 3.78% yield. This rental performance is a key indicator of strong tenant demand within the Highett area.