Rosanna is an average performer in VIC when comparing median price capital growth over the last year. Rosanna gave property investors a average capital gain figure when compared to the rest of the state, with 9.01%.
The five-year average increase in median property values for Rosanna,3084 has given property investors a potential capital gain of 42.81% across each of those five years.
Property buyers and investors in Rosanna 3084 should be seeing an average reduction in asking price of around -3.41% . This means that Rosanna is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Rosanna the average time real estate has been on the market is 61.62 days.
The VIC suburb of Rosanna, 3084 is in the Banyule local government area.
Rosanna is an average performer in VIC when comparing median price capital growth over the last year. Rosanna gave property investors a average capital gain figure when compared to the rest of the state, with 4.41%.
Across a shorter period, Rosanna, 3084 has seen a median price increase of 1.03% over the last quarter.
Sellers are offering property buyers an average discount of -5.06% to buyers in Rosanna at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $390 weekly from the median priced house in this 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.