Whittlesea, 3757 ranked 73th in VIC when comparing growth in median property values or capital gain over the last 12 months. Whittlesea is one of 2098 in our list for VIC
Whittlesea,3757 was ranked 355 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.48% to buyers in Whittlesea at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Whittlesea the average time real estate has been on the market is 77.18 days.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.31%, investors should hope to achieve an overall return of 4.14%
Property investors who have had real estate in Whittlesea, 3757 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.56%
Over the longer term, Whittlesea has seen property prices show investors a 5.05% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Whittlesea 3757 should be seeing an average reduction in asking price of around -4.22% . This means that Whittlesea is holding prices well when compared to other suburbs in VIC.
In the last year 24 properties changed hands in Whittlesea, which puts it as the 278th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.