21 Cedarville Close, Highton VIC 3216
21 Cedarville Close, Highton VIC 3216
2000s three-bed townhouse | compact 225m² lot | low-maintenance courtyard living | strong rental appeal | school catchment varies
This property is positioned as a well-configured, low-maintenance townhouse within a quiet residential pocket of Highton. Its three-bedroom, two-bathroom format is considered a practical fit for small families, first-time buyers, or downsizers seeking compact living without excessive upkeep. The property is benefited by proximity to local schools, Highton Village, and the Barwon River corridor, while the enclosed courtyard and remote garage are expected to support steady rental demand. For the right buyer, this townhouse offers a balanced entry into an established suburb where detached housing is increasingly less attainable.
Value may be most influenced by the property’s internal finish levels and any updating undertaken since construction. Aspect and floor level might also affect natural light and privacy, while the exact school catchment could shift buyer interest depending on household needs. The compact land size is expected to limit comparison to larger detached homes, but townhouse demand in this pocket remains consistent. Buyers are encouraged to inspect for condition of fixtures and any maintenance deferred over time.
>> Comparable Sales: 1 Cedmar Avenue, Highton – $578,000 (2019) | Property Price Band: $600,000–$700,000 | Value Drivers: condition, layout, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Cedarville Close, Highton VIC 3216
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Highton, an established Geelong suburb, draws first-home buyers and investors; 29.4% of house sales sit between $650k and $749,999, and 30.2% of units between $500k and $599,999. Q4 2025 data puts the median house price at $790,000 with 5.7% annual growth; units at $545,000 with 5.1%. Sales rose 6.6% for houses and 61.9% for units year-on-year. Rental supply for houses fell 16.5% to 237 listings, underpinning a 3.1% gross yield; units yield 4.3%. The $740.7 million project pipeline is inadequate-only 15 houses, 41 townhouses and 39 units planned against 410 quarterly sales. This undersupply, combined with sensitivity to interest rates, will sustain price pressure.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
945m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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