If you compare the increase in value of investment property in Whittlesea, 3757 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.88%.
The five-year average increase in median property values for Whittlesea,3757 has given property investors a potential capital gain of 18.58% across each of those five years.
At number 458th of VIC’s most discounted properties, Whittlesea is in the TOP 30% of the state/territory when listing in order of most discounted to least.
In the last year 76 properties changed hands in Whittlesea, which puts it as the 326th most active market in VIC when comparing the number of sales per suburb.
Whittlesea, 3757’s gross rental yield is 4.10%
Whittlesea has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.17% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Whittlesea comes in at number 265th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Whittlesea itself are offering an average vendor discount of -2.94% to real estate investors.
Residents and property investors in Whittlesea have been waiting around 35.8 days to sell a property.