Investment property in Roselands has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.12%
Taking the average capital gain, or increase in median house value, Roselands,2196 has racked up an average of 7.12% over the period. This ranks it number 530th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Roselands should be aiming for at least -6.04% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $6840 per annum or $570 every week.
Roselands has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.80% to date .
While Roselands,2196 ranked number 280th in NSW for increase in median house value (annualised) increase, it is ranked 103th over the last 5 years.
The most recent median price for Roselands is $480000, with sellers offering an average of -4.66% off the asking price.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.26%, investors should hope to achieve an overall return of 4.33%