Giving property investors a a stable capital gain of 10.36% for the last year, Rowville, 3178 is the 1181th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Rowville has given property investors a paper return of 0.68%. This puts Suburb as 397 on a list of fastest fasting appreciating suburbs in VIC
At number 468th of VIC’s most discounted properties, Rowville is in the TOP 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 33.42 sales per month, which equates to 401 per year.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 7.90%, investors should hope to achieve an overall return of 3.02%
Property value increases in Rowville have tracked higher than the VIC average of 4.09% over the last 12 months.
Comparing Rowville,3178 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Rowville is $482500, with sellers offering an average of -1.96% off the asking price.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.10%, without taking into account capital value appreciation, which has been averaging out at 5.34%.