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Highgate, WA 6003

Home » WA Real Estate Data » City of Vincent, WA » Highgate, WA 6003

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Highgate, WA 6003 located in Perth to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Highgate, WA 6003”

  1. The total adult population (15 years or older) of Highgate 6003 WA is 2,113, with a median age of 34. Of those, 26.17% are married, 13.39% are divorced or separated, 58.07% are single and 2.84% are widowed.

    The average household size is 1.8 people per dwelling, and the median household monthly income is estimated to be $10,612. The median monthly mortgage repayment for households in this suburb is $1,752 which is 16.51% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in Western Australia lies the bustling suburb of Highgate, where an estimated 1,597 households are interwoven into its fabric. By the third quarter of 2023, the typical house prices here stand firmly at $1,095,979; contrasting starkly to a median weekly rental rate of $591. This unique combination calculating an indicative yield of circa 2.8%.

    Determined by IRSAD, optically, Highgate claims a laudable socio-economic score of 1068 out of a possible 1217, painting a vibrant picture of economic vitality and a surfeit of capable professions. Worth mentioning is that, as an investor, the renter to owner ratio is a relatively high 56%, whilst the units to houses ratio sits even higher at 66%; reinforcing the prevalence of rentals occupying the market.

    When exploring affordability, Highgate presents a timeline of around 40 years to full property ownership. This figure is based on prevailing interest rates, median family income, coupled with the usual property prices in the area. Despite this seemingly stretched timeframe to homeownership, supply metrics for housing depict a relatively low stock on market Percentage of 0.29%, accompanied by an impressive inventory level of just 0.86 months.

    The building approvals Ratio for houses remains immune to fluctuations, maintaining a steadfast 0.0%. However, the average number of days houses spend on the market before grabbing attention stands at 54. Meanwhile, the vacancy rate (combining both houses and units) reduces to a humbling 0.66%, which suggests a high demand for accommodation.

    Despite this, the buy search index for Houses calmly elevated itself above the usual, netting an impressive score of eight. This suggests higher demand in property searches within Highgate, compared to the state or city average.

    In conclusion, persistent vigilance on the property market developments is vital for any promising real estate investment. Highgate, with its unique data points, does present some intriguing investment prospects. While some metrics may not find themselves within the favourable rank, the majority indicate a trend towards a potential investment hotspot. Lastly, remember that going beyond individual metrics can often offer a holistic view, as provided by tools like RCS (Relative Composite Score) created by HtAG Analytics to simplify your property research journey.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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