Highton Property Market Update 1st Half 2026
Highton offers a desirable mix of leafy suburban living and modern convenience, with quality schools, local cafés, boutique shopping, and scenic Barwon River parklands. Located just minutes from central Geelong and within easy reach of Melbourne, it delivers a relaxed yet well-connected lifestyle ideal for families and professionals alike.
Property Trends
In Q4 2025, Highton recorded a median house price of $790,000 and a median unit price of $545,000. This represents an annual (Q4 2024 – Q4 2025) median price growth of 5.7% for houses and 5.1% for units. This suggests that now is an ideal time for owners to capitalize on their investments. Comparing Q4 2024 and Q4 2025, sales increased by 6.6% (to 308 sales in Q4 2025) for houses and by 61.9% (to 102 sales in Q4 2025) for units. Median price growth and higher sales numbers indicate there is a highly demanded market, which was further supported by previously lower interest rates. With a limited number of new houses planned for construction in 2026 price increases for both houses and units are highly likely. Thus, buyers need to act fast.
Project Development
Highton plans to see approximately $740.7M of new projects commencing construction in 2026. Although there are several ready-to-sell housing stock planned, of 39 units, 41 townhouses, and 15 houses; this is not enough compared to Q4 sales of 308 houses and 102 units. Therefore, the number of planned supply will still be insufficient, putting more pressure on prices across both property types.
Rental Market & Growth
House rental yield in Highton was 3.1% as of December 2025, which was on par with Melbourne Metro (3.0%). This is paired with a 6.3% growth in median house rental price in the past 12 months to Q4 2025, at $542 per week. The number of houses rented have declined by -16.5% (to 237 rentals in Q4 2025). This indicates an undersupplied house rental market in Highton, which is beneficial to investors.
Vacancy Rates & Property Investment
Highton recorded a vacancy rate of 1.3% in December 2025, lower than Melbourne Metro’s 2.0%. Vacancy rates decreased in the past 12 months to December 2025, which suggests a tighter rental market. Further, a 1.3% vacancy rate is still well below the Real Estate Institute of Australia’s healthy benchmark of 3.0%, thus quicker occupancy of rental homes in Highton. This creates a conducive environment for investors, even with a higher median house and unit sales price (thus, entry price) in the past 12 months in Q4 2025. Also, Highton is a more affordable investment option to Melbourne Metro.
