VIC has seen average median house prices change by 7.80% which means that Rowville, 3178 has done well for property investors by showing a capital gain of 9.31% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rowville has increased when compared to the 5 year average annual rate.
Rowville, 3178 is offering VIC ‘s 453th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Using the current median advertised rental of $435 and the average annual increase in value of a median property of 8.00%, investors should hope to achieve an overall return of 3.02%
If you compare the increase in value of investment property in Rowville, 3178 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 15.06%.
Comparing Rowville,3178 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -1.98% to buyers in Rowville at the moment, which is less than average for the rest of VIC.
The VIC suburb of Rowville, 3178 is in the Knox local government area.