VIC has seen average median house prices change by 9.78% which means that Rowville, 3178 has done well for property investors by showing a capital gain of 7.42% over the last year
A 53.85% growth in median value for property investors in Rowville,3178 puts this suburb at number 355th in terms of best performing suburbs in VIC
The most recent median price for Rowville is $800000, with sellers offering an average of -3.49% off the asking price.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.93%, without taking into account capital value appreciation, which has been averaging out at 8.30%.
Giving property investors a a solid capital gain of 20.00% for the last year, Rowville, 3178 is the 144th highest performer in Australia in this respect.
Across a shorter period, Rowville, 3178 has seen a median price increase of 7.04% over the last quarter.
Property buyers and investors in Rowville 3178 should be seeing an average reduction in asking price of around -5.05% . This means that Rowville is holding prices well when compared to other suburbs in VIC.
Rowville is 257th on a list of best yielding suburbs for rents in VIC with a 3.66% return