AREA REPORTS

Whitfield

QLD/
Whitfield

Suburb Profile

Whitfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4870

house
unit

Property investors enjoyed capital gains of 17.89% over the last 12 months in WHITFIELD, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in WHITFIELD are low, as opposed to average gains per annum over the past five years.

The suburb posted a 9.16% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 4.18% increase in returns based on the current median price in WHITFIELD.

WHITFIELD, 4870 ranks 42nd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 535th on the list of best yielding suburbs for rental properties in QLD, posting a 4.18% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $560,000 $230,000
GROWTH REPORT
Median Quarterly 3.7% -7.63%
Median 12 month 17.89% -13.21%
Median 3 years 9.16% 1.1%
Median 5 years 25.84% -5.74%
10 years average annual 2.56% -1%
Weekly media advert. rent $450 $317.5
Time on Market 68.2 days 66.3 days
Gross Rental Yield Percent 4.18% 7.18%
demographics (median values)
Total Population
4205
Weekly Household Income
1091
Household Size
2.40
demographics
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