With a capital gain of 19.79% for the last 12 months, Rokeby, 7019 has performed for property investments than its average annual 3.44% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rokeby has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Rokeby is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 102th in terms of most discounted suburbs in TAS
At number 692 in a list of fastest selling suburbs, Rokeby is in the TOP 20% of suburbs in Australia with an average of days on market 51.82 for properties listed there.
Using the current median advertised rental of $275 and the average annual increase in value of a median property of 3.44%, investors should hope to achieve an overall return of 6.22%
Rokeby, 7019 is offering TAS ‘s 31th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this TAS.
Rokeby, 7019’s gross rental yield is 5.68%