Over the last year, property investments in Rosanna, 3084 have given investors a capital gain of 8.65%. This compares averagely with the 8.12% for VIC as a whole.
Rosanna,3084 has offered an average of 8.65% return per annum in house price rises to property investors over the last three years.
The most recent median price for Rosanna is $980000, with sellers offering an average of -3.41% off the asking price.
Residents and property investors in Rosanna have been waiting around 61.81 days to sell a property.
Using the current median advertised rental of $432.5 and the average annual increase in value of a median property of 8.82%, investors should hope to achieve an overall return of 2.29%
VIC has seen average median house prices change by 2.98% which means that Rosanna, 3084 has done well for property investors by showing a capital gain of 3.67% over the last year
Comparing Rosanna,3084 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 158th of VIC’s most discounted properties, Rosanna is in the middle of the state/territory when listing in order of most discounted to least.
Residents and property investors in Rosanna have been waiting around 54.37 days to sell a property.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.
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.