AREA REPORTS

Whittington

 

 

VIC/
Whittington

Suburb Profile

Whittington - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3219

house
unit

Property investors enjoyed capital gains of 22.54% over the last 12 months in WHITTINGTON, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.82% growth over a ten-year period. It ranks 1106th on our list of suburbs that property investors should look into.

WHITTINGTON, 3219 has a capital gain of 22.54% for the past year, which is higher than average compared to its 51.37% growth within a five-year period.

With the median home price in WHITTINGTON sitting at $386,000, and the average rent at $320, property owners could potentially earn a 4.31% increase in gross rental yield.

A 22.54% increase in median property prices in WHITTINGTON, 3219 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 45th.

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

WHITTINGTON, 3219 in VIC belongs to the local government area of Greater Geelong (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $386,000 $315,500
GROWTH REPORT
Median Quarterly 7.22% 9.74%
Median 12 month 22.54% 42.44%
Median 3 years 41.39% 40.22%
Median 5 years 51.37% 49.53%
10 years average annual 6.82% 10.1%
Weekly media advert. rent $320 $270
Time on Market 28.4 days 69.0 days
Gross Rental Yield Percent 4.31% 4.45%
demographics (median values)
Total Population
4052
Weekly Household Income
632.3
Household Size
2.50
demographics
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