Whittlesea is a mid-sized suburb in Victoria within the Whittlesea local government area (postcode 3757). With a population of 6,117, the suburb has an established demographic with a median age of 41. Households earn a median income of $85K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Whittlesea is $700,000, having declined 7.9% over the past year. Units have a median price of $485,000 (+0.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,842.
Whittlesea is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Whittlesea LGA is moderate at 7,048 incidents per 100,000 population.
From an investment perspective, Whittlesea offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($700K/$875K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved -7.9% year-on-year.
Whittlesea is a mid-sized suburb in Victoria within the Whittlesea local government area (postcode 3757). With a population of 6,117, the suburb has an established demographic with a median age of 41. Households earn a median income of $85K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Whittlesea is $700,000, having declined 7.9% over the past year. Units have a median price of $485,000 (+0.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,842.
Whittlesea is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Whittlesea LGA is moderate at 7,048 incidents per 100,000 population.
From an investment perspective, Whittlesea offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($700K/$875K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved -7.9% year-on-year.