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 11.75%.
Taking the average capital gain, or increase in median house value, Whittlesea,3757 has racked up an average of 11.75% over the period. This ranks it number 2023th in the whole country for real estate investors looking at median house price increases.
At number 523th of VIC’s most discounted properties, Whittlesea is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.13%, investors should hope to achieve an overall return of 4.19%
VIC has seen average median house prices change by 3.49% which means that Whittlesea, 3757 has done well for property investors by showing a capital gain of 1.72% over the last year
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Whittlesea, 3757. Typically our figures indicate that -3.52% is being offered, which puts this VIC suburb at 1205th most discounted overall in Australia.
Advertised rents are around the $270 mark per week – giving a return of 4.76% based on the median price in Suburb