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Whittington, VIC 3219

Home » VIC Real Estate Data » Greater Geelong City, VIC » Whittington, VIC 3219

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Whittington, VIC 3219 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Whittington, VIC 3219”

  1. The total adult population (15 years or older) of Whittington 3219 VIC is 3,354, with a median age of 42. Of those, 31.28% are married, 18.34% are divorced or separated, 42.84% are single and 7.63% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $4,980. The median monthly mortgage repayment for households in this suburb is $1,192 which is 23.94% of their earnings.

    Source: ABS Census Data (2021)

  2. Whittington, a suburb nestled in Victoria, houses around 1935 households, providing a blend of socio-economic diversity and vibrant local culture. Jump into Q3 2023, and you’ll find that housing prices here are leaning towards the more affordable end with a typical price for houses being audibly resonant at $495,862.

    These homes commonly render a median weekly rent of $389, curating an admirable indicative yield of 4.08%, painting the suburb as a potential high-yielding trove for cashflow-centric investors. The socio-economic backdrop is moderately inclined with Whittington scoring an IRSAD score of 814 out of 1217, indicating moderate accessibility to economic resources and variety in professions.

    The renter to owner ratio, at 44%, teeters towards questionable territory but the lower units to houses ratio of 23% counterbalances, illustrating a largely homeowners’ market. This subtle balance helps to maintain the appeal and essence of the neighbourhood.

    Looking at the affordability index, it showcases a whopping 39 years to fully own a house. It indeed implies reduced affordability but, remember, capturing the full spectrum of market dynamics could yield better insights.

    In the domain of supply parameters, Whittington sits quite favourably. The stock on market percentage for houses is just 0.23%, inferring low supply, while the inventory level for houses standing at a lean 0.69 months intensifies this reading. The building approvals ratio satiates this trend with a rate of 0.0% – good news for those in fear of any imminent property oversupply.

    With a quick-to-sell rate reflected by 19 days on market for houses and an extremely low vacancy rate of 0.83%, the demand metrics project very favourable conditions for Whittington. Despite a rather neutral buy search index of 3 for houses, the overall demand-supply dynamics appear quite positive.

    In essence, Whittington’s property market scores reasonably well on various important parameters. The noble yield, lower supply, and high demand metrics certainly guide credibility towards Whittington being a potential goldmine for investors. Thus, staying in tune with property market data and trends for suburbs like Whittington, could prove pivotal for spotting investment opportunities ripe for capital gains and positive cash flow.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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