Roxburgh Park has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.92% to date .
While Roxburgh Park,3064 ranked number 338th in VIC for increase in median house value (annualised) increase, it is ranked 409th over the last 5 years.
Property investors looking for a bargain in Roxburgh Park should be aiming for at least -7.48% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $360 mark per week – giving a return of 4.46% based on the median price in Suburb
Property investors who have had real estate in Roxburgh Park, 3064 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.68%
When looking at the potential capital gains offered to property investors over the last 3 years, Roxburgh Park comes in at number 344th in VIC.
Situated 20.95km from the CBD, Roxburgh Park is one of Hume localities in the postcode 3064.