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PRD Highton Market Update 1st Half 2026

Page 1

Highton Market Update 1 st H a l f 2 0 2 6

FUTURE DEVELOPMENTS

OVERVIEW

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) 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 that there is a highly-demanded market, which was further supported by previously lower interest rates. With a very limited number of new houses planned for 2026 price increases is highly likely; thus, buyers need to act fast.

CHANGE FROM LAST

YEAR

Highton£ plans to see approximately $740.7M of new projects commencing construction in 2026. Residential $33.6M

Commercial $27.0M

HALF YEAR

HOUSE SALE S

Mixed-Use $680.1M

HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE

A main mixed-use project in 2026 is Waurn Ponds Innovation, Education & Healthcare Precinct ($600.0M), which will deliver a 100,000sqm multi-stage health and education hub integrating medical services, research, emerging technologies, aged care, childcare and supporting retail. This will stimulate the local economy through job creation and attracting more people to the area.

UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE

$

Key residential projects include:

MARKET CONDITIONS MEDIAN PRICE Q4 2025

$790K

$545K

MEDIAN PRICE Q4 2025

$542

SALES

AVERAGE DAYS ON MARKET Q4 2025

33

44

HOUSE

U N I T

RENTALS

$450

14-26 Basin Rise (28 Townhouses)

16 Duggan Court (9 Apartments)

10 Challambra Cres (3 Dwellings)

Although several ready-to-sell housing stock are planned, this is not enough compared to Q4 sales of 308 houses and 102 units. Thus, supply will still be insufficient, which puts more pressure on prices across both property types.

AVERAGE DAYS ON MARKET Q4 2025

21

22

HOUSE

U N I T

41 Townhouses

39 Units/ Apartments

15 Dwellings


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