Giving property investors a an average capital gain of 2.36% for the last year, Rostrevor, 5073 is the 2486th highest performer in Australia in this respect.
Over the longer term, Rostrevor has seen property prices show investors a 17.41% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Rostrevor itself are offering an average vendor discount of -6.44% to real estate investors.
At number 2036 in a list of fastest selling suburbs, Rostrevor is just in the bottom half of suburbs in Australia with an average of days on market 84.94 for properties listed there.
With the median price for a house in Rostrevor being $563000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.42%
Rostrevor is in the bottom 40% in SA when comparing median price capital growth over the last year. Rostrevor gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.71%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rostrevor has fallen somewhat when compared to the 5 year average annual rate.
At number 22th of SA’s most discounted properties, Rostrevor is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Rostrevor the average time real estate has been on the market is 72.6 days.