Property value increases in Rose Bay have tracked just higher than the NSW average of 11.06% over the last 12 months.
Rose Bay,2029 was ranked 137 in Australia by increase in median property value over the quarter.
The most recent median price for Rose Bay is $4092080, with sellers offering an average of -6.79% off the asking price.
Rose Bay is 1125th on a list of best yielding suburbs for rents in NSW with a 2.03% return
At number 153th in the list of Australian suburbs ordered by increase in median house value over the last year, Rose Bay, 2029 is in the top 10% with a property value increase of 20.93% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rose Bay has increased when compared to the 5 year average annual rate.
Rose Bay2029 is located in NSW which offers an average discount of -4.13% to property investors. Rose Bay itself is showing figures that indicate -8.70% is the average achievable by property buyers investing in the suburb.
A $720 per week rent on the median house gives suburb investors a gross yield of circa 3.06%, without taking into account capital value appreciation, which has been averaging out at 7.79%.