Property investors who have had real estate in Whitfield, 4870 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.66%
While Whitfield,4870 ranked number 662th in QLD for increase in median house value (annualised) increase, it is ranked 455th over the last 5 years.
Our latest figures would indicate that property sellers in Whitfield are currently offering property investors an average price cut of -7.53% below the asking price at the moment.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.97%, without taking into account capital value appreciation, which has been averaging out at 1.10%.
Giving property investors a a solid capital gain of 15.22% for the last year, Whitfield, 4870 is the 286th highest performer in Australia in this respect.
Over the longer term, Whitfield has seen property prices show investors a 4.95% return over the last 3 years. This is an improvement over the last 12 months
A $290 per week rent on the median house gives suburb investors a gross yield of circa 5.69%, without taking into account capital value appreciation, which has been averaging out at 2.15%.