Property investors who have had real estate in Roxburgh Park, 3064 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.00%
While Roxburgh Park,3064 ranked number 443th in VIC for increase in median house value (annualised) increase, it is ranked 400th over the last 5 years.
Property investors looking for a bargain in Roxburgh Park should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1494 in a list of fastest selling suburbs, Roxburgh Park is in the TOP 40% of suburbs in Australia with an average of days on market 72.23 for properties listed there.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Roxburgh Park has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -8.11% to date .
Roxburgh Park, 3064’s gross rental yield is 5.94%