Investment property in Rosebud West has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.39%
If we look at median property appreciation over just the last three months, Rosebud West has given property investors a paper return of 1.43%. This puts Suburb as 323 on a list of fastest fasting appreciating suburbs in VIC
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 Rosebud West itself are offering an average vendor discount of -6.15% to real estate investors.
Residents and property investors in Rosebud West have been waiting around 75.15 days to sell a property.
A $327.5 per week rent on the median house gives suburb investors a gross yield of circa 4.01%, without taking into account capital value appreciation, which has been averaging out at 6.57%.
If you compare the increase in value of investment property in Rosebud West, 3940 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.78%.
Across a shorter period, Rosebud West, 3940 has seen a median price increase of -3.00% over the last quarter.
Our latest figures would indicate that property sellers in Rosebud West are currently offering property investors an average price cut of -4.16% below the asking price at the moment.
With the median price for a house in Rosebud West being $388000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.02%