VIC has seen average median house prices change by 8.96% which means that Whittlesea, 3757 has done well for property investors by showing a capital gain of 13.21% over the last year
Comparing Whittlesea,3757 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -3.83% to buyers in Whittlesea at the moment, which is less than average for the rest of VIC.
Situated 36.45km from the CBD, Whittlesea is one of Whittlesea localities in the postcode 3757.
Whittlesea has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.38% to date .
Taking the average capital gain, or increase in median house value, Whittlesea,3757 has racked up an average of 1.38% over the period. This ranks it number 1295th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Whittlesea 3757 should be seeing an average reduction in asking price of around -3.60% . This means that Whittlesea is holding prices well when compared to other suburbs in VIC.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 4.22%.