G01/35 Tennyson Street, Highett VIC 3190
G01/35 Tennyson Street, Highett VIC 3190
1-bed flat in Highett | private courtyard | 50sqm | garage included | strata complex
This property offers a rare combination of private outdoor space and a secure garage in a sought-after Highett location. The generous courtyard is the standout feature, giving this unit a competitive edge over typical apartments in the area. For a first-home buyer or downsizer seeking low-maintenance living with genuine amenity, the layout and parking provision make it a practical choice. Its position within a strata complex also suggests reasonable holding costs and potential for steady capital growth in a well-connected suburb.
The main consideration is the limited internal size at 50sqm, which may restrict appeal to owner-occupiers seeking more space and could affect resale velocity. Being part of a larger complex introduces shared land considerations and body corporate fees that must be factored into the return calculation. However, the consistent rental history and recent leasing activity confirm strong tenant demand. For a buyer, this property works best as a long-term hold with a focus on rental yield and lifestyle appeal, rather than short-term flipping.
Detailed Independent Property Report preparedย by PropCred Analyst team forย G01/35 Tennyson Street, Highett VIC 3190
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.