At number 733th in the list of Australian suburbs ordered by increase in median house value over the last year, Rokeby, 7019 is in the top 20% with a property value increase of 13.09% recorded in median house prices.
While Rokeby,7019 ranked number 10th in TAS for increase in median house value (annualised) increase, it is ranked 108th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rokeby, 7019. Typically our figures indicate that -6.19% is being offered, which puts this TAS suburb at 1718th most discounted overall in Australia.
Often selling an investment property can take time, and in Rokeby the average time real estate has been on the market is 57.1 days.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.95%, investors should hope to achieve an overall return of 6.50%
Property investors should expect to get $145 weekly from the median priced house in this suburb.