Highett Property Growth

VIC · 3190 · South-East Melbourne

A suburb genuinely split between the City of Kingston and City of Bayside, with a redeveloping Highett Road shopping strip — including new retail on former CSIRO land — and a Frankston line station.

ProfileLast updated: June 2026

Overview

Location: City of Kingston / City of Bayside

A suburb genuinely split between the City of Kingston and City of Bayside, with a redeveloping Highett Road shopping strip — including new retail on former CSIRO land — and a Frankston line station.

Market Snapshot

Median House Price

$1.45m

Median Unit Price

$733k

Avg Days on Market

36 days

Demographics

Estimated Population

12,016

Owner Occupier Rate

70.4%

Renter Rate

27.5%

Transport & Connectivity

Highett railway station, on the line originally opened between Caulfield and Mordialloc in 1881, sits on the Frankston line and provides services toward Melbourne CBD. Southland station is also nearby.

Major Roads

  • Nepean Highway
  • Highett Road

Highett is approximately 16km south-east of the Melbourne CBD. The suburb is split between the City of Kingston and the City of Bayside local government areas. Verify current timetables and traffic conditions before relying on any commute estimate.

Education

Highett has served government and Catholic students since the 1950s, with a mix of primary schools in and around the suburb.

Primary Schools

  • St Agnes' Primary School (Catholic); Sandringham Primary School nearby

Secondary Schools

  • No dedicated secondary college within Highett itself; nearby options include Cheltenham Secondary College.

Childcare

A range of long day care, kindergarten and outside school hours care providers operate in and around Highett. Always verify availability and waitlists directly with providers.

Amenities & Lifestyle

Highett Road is a village shopping strip that has seen ongoing redevelopment, with restaurants, cafes and boutique stores alongside a newer shopping centre and apartment complex built on former CSIRO land. Sir William Fry Reserve, on part of the former Highett Gasworks site, is the suburb's largest park, with a playground, skate park, pond, walking and bike trails and a monthly farmers market. Westfield Southland is also close by.

Employment

Nearby Moorabbin and Cheltenham industrial and commercial precincts provide significant employment for the wider area.

Commercial Centres

  • Highett Road shopping strip; Westfield Southland nearby.

Infrastructure

The former Highett Gasworks site, a 6.3-hectare former industrial site, has been decontaminated and rezoned for residential redevelopment under Kingston Planning Scheme Amendment C159, with Development Victoria working alongside the Suburban Rail Loop Authority and City of Kingston to coordinate planning for the site and the surrounding neighbourhood near the proposed Suburban Rail Loop Cheltenham station. No further projects beyond those noted above are currently confirmed for Highett. Check Infrastructure Australia's project pipeline, State Government announcements or the City of Kingston or City of Bayside websites for the latest updates.

Growth Drivers

  • Highett Gasworks redevelopmentthe former gasworks site has been decontaminated and rezoned for residential use, with planning coordinated alongside the proposed Suburban Rail Loop Cheltenham station.
  • Ongoing Highett Road revitalisationthe village shopping strip has attracted new cafes, restaurants and boutique retail alongside redevelopment on former CSIRO land.
  • Sir William Fry Reservea substantial local park with playground, skate park and farmers market on former gasworks land.
  • Proximity to Moorabbin and Cheltenham employment precinctssignificant nearby industrial and commercial employment bases.

Key Risks

  • No dedicated secondary college within the suburb — families typically rely on Cheltenham Secondary College or other nearby options.
  • Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.
  • Split local government area — Highett is divided between the City of Kingston and the City of Bayside, which may mean different rates, planning schemes and services apply depending on the specific street.

Frequently Asked Questions

Highett offers the Highett Gasworks residential redevelopment linked to the proposed Suburban Rail Loop Cheltenham station, an evolving Highett Road shopping and dining strip, and Sir William Fry Reserve, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.

Refer to the Market Snapshot section on this page for current median price data sourced from our live database.

Highett is served by St Agnes' Primary School and nearby Sandringham Primary School; there is no dedicated secondary college within the suburb, with Cheltenham Secondary College among the nearby options.

Highett railway station is on the Frankston line, with services toward Melbourne CBD. Verify current timetables and travel times before relying on any commute estimate.

Highett Road offers a village shopping and dining strip, Sir William Fry Reserve has a playground, skate park and farmers market, and Westfield Southland is close by.

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Sources

This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.