About Highgate

​Highgate, a vibrant inner-city suburb just 2 km northeast of Perth’s central business district, is renowned for its eclectic mix of dining, entertainment, and cultural experiences along Beaufort Street. Its proximity to the city, combined with a dynamic lifestyle, makes it an attractive option for property investors seeking both capital growth and rental yield.​

Property Market Overview:

• Median Property Prices: Over the past year, Highgate has experienced substantial growth in property values. The median house price is approximately $1,392,500, reflecting an annual compound growth rate of 30.4%. Units have a median price around $520,000, with an annual growth rate of 6.7%.

• Rental Market: The rental market in Highgate is robust. Houses rent for a median of $750 per week, yielding an annual rental return of about 3.3%. Units rent for $560 per week, offering a rental yield of approximately 6.5%.

• Market Activity: In the past 12 months, Highgate has seen a sales growth rate of 28.8%. Houses typically spend an average of 9 days on the market, while units spend about 10 days, indicating strong demand.

Demographics and Lifestyle:

With a population of approximately 2,202 residents, Highgate offers a diverse and vibrant community. The suburb is celebrated for its array of distinct dining experiences, pubs, wine bars, shops, and cafes, making Beaufort Street a central hub for locals and visitors alike. Cultural venues such as the Astor Theatre further enhance the suburb’s appeal. Educational facilities include Sacred Heart Primary School and Highgate Primary School.

Investment Insights:

Highgate’s impressive property value growth, coupled with its desirable location and strong rental yields, positions it as an attractive prospect for property investors. The low average days on market further underscore its investment potential. Additionally, Highgate’s vibrant lifestyle offerings and proximity to Perth’s CBD enhance its appeal to both renters and homeowners, suggesting a positive outlook for future capital growth and rental demand.