Highton, VIC
Established family home in a sought-after Geelong suburb, purchased below the campaign guide.
- Purchase price
- $780,000
- Valuation uplift
- +$130K
- Gross yield
- 4.8%
- Income
- $720 pw
The brief
A client extending an established portfolio wanted a well-located family home in a suburb known for strong owner-occupier demand and consistent capital growth.
Why we bought it
- 01
Owner-occupier heartland
Highton is one of Geelong's most consistently in-demand family suburbs, supporting resilient resale value.
- 02
Below-guide purchase
Negotiated ahead of auction, avoiding competitive bidding and securing the property under the advertised range.
- 03
School catchment demand
Zoned to a highly regarded school catchment, a driver of consistent tenant and buyer demand alike.
Asset detail
- Land area
- 620 sqm
- Configuration
- 4 bed · 2 bath · 2 car
- Year built
- 2008
- Zoning
- General residential
- Vacancy rate
- 1.2% LGA
- Independent valuation
- $910K
The acquisition
- Step 1Portfolio expansion brief confirmed: established family suburb, low vacancy.
- Step 2Highton shortlisted on school catchment and owner-occupier demand.
- Step 3Pre-auction offer negotiated with the vendor's agent.
- Step 4Secured at $780,000, below the advertised campaign guide.
Outcome
Leased within two weeks of settlement; independently valued at $910K within the first year.