14 Jillian Avenue, Highett, Vic 3190
$1,600,000 - $1,700,000
4 2 2
Open Wednesday 10 June 4:00 pm Auction Saturday 27 June 11:00 amOriginally a district of orchards and market gardens, Highett saw significant industrial growth during the mid-20th century, notably housing the CSIRO. Post-WWII, it became a key residential area for returning servicemen, leading to the prevalence of weatherboard and brick veneer homes.
The suburb has undergone a rapid gentrification, transforming from an industrial edge-case into a trendy lifestyle destination known for its 'Highett Village' cafe strip.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Highett represents the 'sweet spot' for buyers priced out of the immediate coast but unwilling to sacrifice the Bayside lifestyle. It offers better value than Hampton while maintaining similar amenity access.
$1.35m – $2.2m
$550k – $950k
12-month movement
Current asking rents
The price gap between houses and units is widening, making well-located townhouses a high-demand middle-ground for young families.
Price comparison
Median price ÷ median income
Estimated rental yield
Highett is no longer a 'budget' option but remains affordable compared to its immediate western neighbors. Buyers often trade land size for the premium location.
Lower = tighter market
Avg time on market
Annual rental increase
Young professionals, healthcare workers from nearby Moorabbin Hospital, and small families.
Strong long-term prospects. Focus on older 2-bedroom units with renovation potential or modern 3-bedroom townhouses for maximum tenant appeal.
Expect steady outperformance of the broader Melbourne market as the 'village' identity matures and the CSIRO site completion adds high-quality public open space.
vs last 12 months
Relative comparison
Check local police statistics via Crime Statistics Agency Victoria. Focus on properties with secure off-street parking.
Low environmental risk area; primary risks are related to urban planning and infrastructure lag.
Minor Special Building Overlays (SBO) exist in low-lying pockets near the railway line.
Nil risk; fully urbanized area.
Standard premiums apply; no significant environmental loading noted.
Special Building Overlay (SBO) for drainage; Design and Development Overlay (DDO) for height limits.
The former CSIRO site and the Graham Road industrial pocket.
Zoning allows for significant density near the station, which can affect the light and privacy of adjacent single-story dwellings.
Excellent rail and bus links; easy access to Nepean Highway.
High-end cafes, Woolworths, and boutique retail within walking distance.
Good access to Sir William Fry Reserve and Lyle Anderson Reserve.
Access to Highett Primary and Sandringham College (zoning dependent).
Close to Moorabbin Hospital and Sandringham Hospital.
A professional, family-oriented suburb with a growing population of young urbanites.
The high percentage of owner-occupiers and professionals supports long-term price stability and community engagement.
The CSIRO site redevelopment is the defining project for the suburb's next decade.
Residents love the 'best of both worlds' location—close enough to the beach for weekends but with a gritty, cool urban edge and great coffee.
I can walk to the station and grab a world-class coffee on the way. It feels safer and more community-focused than it did five years ago.
We couldn't afford Hampton, but Highett gave us a proper house with a yard just five minutes further from the water.
The new apartments are getting a bit much. Parking near the Woolworths is a nightmare on Saturday mornings now.
Position the property as a lifestyle-first choice that bridges the gap between urban convenience and Bayside prestige.
High rental yield potential in the unit market with long-term land value play in houses.
Potential for unit oversupply to flatten rental growth in the short term.
Unbeatable access to cafes and the train.
Street parking is very limited for older apartment blocks.
Ensure all gas and electrical safety checks are current as per 2021 Victorian rental laws.
The 'Hampton lifestyle without the Hampton price tag'.
Young professional couples (30-45) with one or two children.
This report is based on data available as of 2026-03-05. It is intended for informational purposes only and does not constitute financial or investment advice. Always conduct independent due diligence and consult with legal and financial professionals before purchasing property.
Now
Before
$1,600,000 - $1,700,000
4 2 2
Open Wednesday 10 June 4:00 pm Auction Saturday 27 June 11:00 am
$930,000 - $1,023,000
3 1 2
Auction Saturday 20 June 11:00 am
$1,700,000 - $1,800,000
5 2 2
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