VIC/
Whittlesea

Suburb Profile

Whittlesea - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3757

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 18.95% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $452,000

The augmented property values in the suburb are trailing behind the territorial average of 9.82% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $365.

Home owners selling their properties and realtors in WHITTLESEA usually have to wait an average of 45.3 days days before their assets are lifted off the market.

The VIC suburb ranks 205th on the list of best yielding suburbs for rental properties in VIC, posting a 4.2% return.

It also places places 542nd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $452,000 $294,000
GROWTH REPORT
Median Quarterly -0.11% -0.34%
Median 12 month 8.92% 1.38%
Median 3 years 18.95% 2.8%
Median 5 years 22.08% 17.84%
10 years average annual 4.6% 3.49%
Weekly media advert. rent $365 $270
Time on Market 45.3 days 58.4 days
Gross Rental Yield Percent 4.2% 4.78%
demographics (median values)
Total Population
4561
Weekly Household Income
1074
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories