QLD has seen average median house prices change by 2.22% which means that Whitfield, 4870 has done well for property investors by showing a capital gain of -3.61% over the last year
The five-year average increase in median property values for Whitfield,4870 has given property investors a potential capital gain of 8.94% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Whitfield is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 168th in terms of most discounted suburbs in QLD
In the last year 66 properties changed hands in Whitfield, which puts it as the 352th most active market in QLD when comparing the number of sales per suburb.
Whitfield, 4870’s gross rental yield is 4.61%
Whitfield has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.27% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Whitfield has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Whitfield should be aiming for at least -9.11% off the asking price, which is the average vendor discount being achieved at the moment.