With a capital gain of 4.42% for the last 12 months, Rosanna, 3084 has performed for property investments than its average annual 8.54% 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 Rosanna has increased when compared to the 5 year average annual rate.
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 Rosanna, 3084. Typically our figures indicate that -3.41% is being offered, which puts this VIC suburb at 3484th most discounted overall in Australia.
With the median price for a house in Rosanna being $945000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 2.39%
At number 672th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosanna, 3084 is in the top 40% with a property value increase of 5.39% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Rosanna comes in at number 101th in VIC.
Rosanna3084 is located in VIC which offers an average discount of -5.12% to property investors. Rosanna itself is showing figures that indicate -3.78% is the average achievable by property buyers investing in the suburb.
If you can afford it, this Melbourne suburb has a huge amount to offer.Full summary
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If you can afford it, this Melbourne suburb has a huge amount to offer.Close
It’s located 12km northeast of the Melbourne CBD, but there are a range of great amenities in the suburb itself.
These include public schools such as the respected Viewbank College.
The days on market figure of 50 days is pretty decent for the Melbourne market, as is the vacancy rate of just 1.3%.
Townhouses are a popular option and there are a good range of properties that appeal to tenants.
This includes some attractive townhouses on Waiora Road, which are well located and more reasonably priced (less than $650,000).
For investors looking for a house that is more affordable than the median price and still good value, there are some good opportunities on Lower Plenty Road.
Three- or four-bedroom houses on big blocks can be bought there for less than $750,000.
These properties are in close proximity to Rosanna Station, great shopping options, cafes and restaurants.