Giving property investors a a stable capital gain of 11.49% for the last year, Rosanna, 3084 is the 918th highest performer in Australia in this respect.
While Rosanna,3084 ranked number 406th in VIC for increase in median house value (annualised) increase, it is ranked 190th over the last 5 years.
Rosanna3084 is located in VIC which offers an average discount of -5.99% to property investors. Rosanna itself is showing figures that indicate -2.54% is the average achievable by property buyers investing in the suburb.
Rosanna, 3084’s gross rental yield is 2.40%
Property investors who have had real estate in Rosanna, 3084 should be 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 18.47%
Comparing Rosanna,3084 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Rosanna is offering property investors an average of -5.33. This rate of discount on properties puts Suburb at number 245th in terms of most discounted suburbs in VIC
At number 481 in a list of fastest selling suburbs, Rosanna is in the TOP 40% of suburbs in Australia with an average of days on market 61.86 for properties listed there.
Situated 12.18km from the CBD, Rosanna is one of Banyule localities in the postcode 3084.
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.