Over the last year, property investments in Rochester, 3561 have given investors a capital gain of 8.97%. This compares averagely with the 9.04% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rochester has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Rochester is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 73th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.
Advertised rents are around the $255 mark per week – giving a return of 5.20% based on the median price in Suburb