31 University Drive, Highton VIC 3216

8 beds 4 baths 2 cars

Spachus Insights

View Highton market
Price position Above suburb median

20.7% above the current suburb median listing price.

Buyer negotiation signal Buyer negotiation

The suburb median sold price is $30,000 below the median listing price.

Selling pace Slower than typical

30 days typical · Property listed 573 days (1,810% longer).

Property details

High yielding rooming house85800 pa return

Set in the University Estate opposite Epworth Hospital Deakin Uni and Marcus Oldham College this registered rooming house is the perfect light touch investment. With 8 rooms rented on a long term basis 4 bathrooms the purpose built property is furnished throughout and is currently agent managed and offers light touch investment opportunity. The location offers easy access to public transport and shopping centres of Highton & Waurn Ponds.
8Bedrooms 4Bathrooms 2Car spaces HouseProperty type

Highton market

Full suburb report
Median listing$870,000
Median sold$840,000
Typical selling time30 days
Tracked sold properties186
Explore properties on the map

Property Overview

31 University Drive, Highton VIC 3216 is a house. It has 8 bedrooms, 4 bathrooms and 2 car spaces. It is currently listed at $1,050,000. It has been on the market for 573 days. In Highton, the median listing price is $870,000 and the median sold price is $840,000. Its current asking price is $180,000 (20.7%) above the Highton median listing price. Properties in Highton typically sell in around 30 days based on Spachus tracked sales data. It has currently been on the market 543 days longer than the Highton typical selling time.

Explore the Highton Property Market
Property history

Previous sales

SEP 2021
$925k PRIVATE TREATY
✦

Ask Spachus AI

Get instant insights about this property, the suburb or the market.

Is this a good price?How does this compare?What is the market doing?
Ask Spachus AI