Giving property investors a an average capital gain of 6.39% for the last year, Whitfield, 4870 is the 1730th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Whitfield comes in at number 468th in QLD.
Vendor discounting in Whitfield is giving property investors an average Vendor Discount of around -8.07%. This puts suburb at number 247th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $445 and the average annual increase in value of a median property of 2.70%, investors should hope to achieve an overall return of 4.48%
Investment property in Whitfield has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.28%
Comparing Whitfield,4870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Whitfield are currently offering property investors an average price cut of -9.25% below the asking price at the moment.
With the median price for a house in Whitfield being $250000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 5.93%