NSW has seen average median house prices change by 7.28% which means that Rozelle, 2039 has done well for property investors by showing a capital gain of 13.31% over the last year
The five-year average increase in median property values for Rozelle,2039 has given property investors a potential capital gain of 74.13% across each of those five years.
Property investors looking for a bargain in Rozelle should be aiming for at least -2.99% off the asking price, which is the average vendor discount being achieved at the moment.
At number 289 in a list of fastest selling suburbs, Rozelle is in the TOP 10% of suburbs in Australia with an average of days on market 43.55 for properties listed there.
Using the current median advertised rental of $850 and the average annual increase in value of a median property of 8.96%, investors should hope to achieve an overall return of 2.81%
Property investors who have had real estate in Rozelle, 2039 should be relatively pleased 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 10.55%
While Rozelle,2039 ranked number 243th in NSW for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.
Rozelle2039 is located in NSW which offers an average discount of -4.41% to property investors. Rozelle itself is showing figures that indicate -3.60% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Rozelle being $1205000 and the advertised rent reaching $672.5 the gross rental yield for property investors calculates out to be 2.90%