FOR SALE
$1,300,000 - $1,350,000

48 Matthieson Street
Highett VIC 3190

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 694m2
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A Coveted Corner Of Exciting Potential

This beloved family home, built in 1957, is being offered to the market for the very first time. Spanning approximately 694 square metres on a coveted corner block, the property holds a lifetime of happy memories, and now it’s ready for a new chapter. How the story unfolds is entirely up to you.
Though the home could benefit from a makeover, its potential is undeniable. The layout incorporates a lounge, a functional kitchen and meals area, three bedrooms, including one with built-in robes and a study. There’s also a bathroom, a second toilet next to the laundry, split-system air conditioners, and a covered patio that looks out over the spacious rear garden.
But it’s the generous block size and dual street frontages that truly steal the show here, opening up a world of possibilities for those with vision. Whether you’re considering renovation or dreaming of building one or more luxury homes (subject to council approval), the allotment gives you the freedom and flexibility to shape something special. In the meantime, the home can easily be rented out while you finalise your plans.
The location couldn’t be more convenient, with Southland’s shopping, dining, and entertainment options just a short walk away, along with Southland Station and local parks, including St William Fry and Turner Road Reserves. Plus, it’s zoned for Cheltenham Primary and Secondary College, making it ideal for families looking for a long-term opportunity.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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Property Details for 48 Matthieson St, Highett

48 Matthieson St, Highett is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 694m2. The place is currently for sale with Woodards Bentleigh.

Building Type
House
Land Size
694m2

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About Highett 3190

The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2011 was 10,263 people. By 2016 the population was 10,452 showing a population growth of 1.8% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation. In 2011, 71.7% of the homes in Highett were owner-occupied compared with 68.6% in 2016.

Highett has 7,126 properties. Over the last 5 years, Houses in Highett have seen a 19.60% increase in median value, while Units have seen a 8.32% increase. As at 31 October 2024:

  • The median value for Houses in Highett is $1,448,435 while the median value for Units is $705,267.
  • Houses have a median rent of $685 while Units have a median rent of $568.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Highett on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Highett.

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Woodards Bentleigh
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