At number 1634th in the list of Australian suburbs ordered by increase in median house value over the last year, Whittlesea, 3757 is in the top 40% with a property value increase of 8.92% recorded in median house prices.
Over the longer term, Whittlesea has seen property prices show investors a 18.95% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Whittlesea should be aiming for at least -3.67% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Whittlesea, 3757 is in the Whittlesea local government area.
Investment property in Whittlesea has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.38%
Across a shorter period, Whittlesea, 3757 has seen a median price increase of -0.34% over the last quarter.
Whittlesea, 3757 is offering VIC ‘s 233th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
With the median price for a house in Whittlesea being $294000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 4.78%