Property investors who have had real estate in Rose Bay, 2029 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.02%
Across a shorter period, Rose Bay, 2029 has seen a median price increase of -0.31% over the last quarter.
Property buyers and investors in Rose Bay 2029 should be seeing an average reduction in asking price of around -6.50% . This means that Rose Bay is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
Situated 5.97km from the CBD, Rose Bay is one of Woollahra localities in the postcode 2029.
Rose Bay is in the TOP 30% in NSW when comparing median price capital growth over the last year. Rose Bay gave property investors a good capital gain figure when compared to the rest of the state, with 12.44%.
While Rose Bay,2029 ranked number 224th in NSW for increase in median house value (annualised) increase, it is ranked 113th over the last 5 years.
Property investors looking for a bargain in Rose Bay should be aiming for at least -4.85% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $700 weekly from the median priced house in this suburb.