VIC has seen average median house prices change by 7.80% which means that Rosedale, 3847 has done well for property investors by showing a capital gain of 0.12% over the last year
Rosedale,3847 was ranked 4001 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Rosedale itself are offering an average vendor discount of -7.14% to real estate investors.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.29%, without taking into account capital value appreciation, which has been averaging out at 4.36%.