Whittlesea, 3757 ranked 227th 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 has offered an average of 11.50% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in Whittlesea itself are offering an average vendor discount of -4.08% to real estate investors.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
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 4.98%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Whittlesea has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Whittlesea are currently offering property investors an average price cut of -3.55% below the asking price at the moment.
At number 104 in a list of fastest selling suburbs, Whittlesea is in the TOP 10% of suburbs in Australia with an average of days on market 40.52 for properties listed there.
Whittlesea is 116th on a list of best yielding suburbs for rents in VIC with a 4.76% return