If you compare the increase in value of investment property in Rosetta, 7010 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 10.61%.
Across a shorter period, Rosetta, 7010 has seen a median price increase of 4.29% over the last quarter.
Sellers are offering property buyers an average discount of -6.59% to buyers in Rosetta at the moment, which is less than average for the rest of TAS.
Often selling an investment property can take time, and in Rosetta the average time real estate has been on the market is 47.43 days.
Using the current median advertised rental of $367.5 and the average annual increase in value of a median property of 3.45%, investors should hope to achieve an overall return of 5.24%
At number 298th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosetta, 7010 is in the top 20% with a property value increase of 13.69% recorded in median house prices.
Rosetta,7010 has offered an average of 13.69% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Rosetta is giving property investors an average Vendor Discount of around -3.83%. This puts suburb at number 42th in TAS when ranking the most discounted suburbs.