27 Gilarth Street, Highett VIC 3190
27 Gilarth Street, Highett VIC 3190
756 m² full-block family house | deep north aspect | high-spec renovation | flood overlay noted | Bayside school catchment
A rare full-block family property is found in Highett, where the 756 m² allotment is larger than most local townhouse and infill parcels. The single-level renovated house is configured for immediate family occupation, and the deep north aspect is used to carry natural light across living areas. Stone finishes, updated bathrooms, climate control, and a separate studio are included at a specification not commonly paired with a block of this size. The property is best suited to owner-occupier families seeking a freestanding home in a Bayside school catchment, with space for children, home work, or extended family. Its combination of land, condition, and orientation is considered stronger than typical Highett stock.
A flood overlay may be noted on the site and could affect future development applications or insurance considerations. The building’s structural condition might need to be verified through inspection. The estimated rent appears low relative to the likely price, which suggests value is carried by land size, orientation, and renovated condition rather than rental return. These factors should be weighed carefully by any buyer forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Gilarth Street, Highett VIC 3190
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Highett’s established bayside positioning attracts families and professionals seeking connectivity and quality schools. Demand is driven by its proximity to beaches and employment hubs, with strong activity in the unit market. Recent price trends show stability in houses but notable divergence in unit performance. Future growth is anchored in its infrastructure and location, though high entry prices and interest rate sensitivity present clear affordability constraints.
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PropCred Estimated Value
Comparable Sales: 6 Royal Terrace sold $1.35M | Property Price Band: $1.4M-$1.5M | Value Drivers: 756 m² land, north aspect, high-spec renovation
Bedrooms
2
Bathroom
1
Parking
1
Land
755m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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