The price of land in Highgate Hill
What’s a vacant block worth in the suburb?
Close to $550,000 is what one local seller hopes, with a 350m2 allotment in Ruth Street now on the market. Just off Gloucester Street it’s in a good spot and it’ll be interesting to see what it finally sells for.
Most houses in Highgate Hill now sell for over $600,000 but part of the appeal of the block of course is that there is no house on it. The demolition controls from Council limit removal of pre-1946 houses and that’s just about everything in the suburb!