Investment property in Rosebery has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.00%
Across a shorter period, Rosebery, 2018 has seen a median price increase of 2.00% over the last quarter.
Vendor discounting in Rosebery is giving property investors an average Vendor Discount of around -8.10%. This puts suburb at number 150th in NSW when ranking the most discounted suburbs.
Residents and property investors in Rosebery have been waiting around 73.46 days to sell a property.
Property investors should expect to get $900 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Rosebery, 2018 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -6.50%.
The five-year average increase in median property values for Rosebery,2018 has given property investors a potential capital gain of 43.33% across each of those five years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.86% offered to property buyers. Sellers in Rosebery itself are offering an average vendor discount of -6.06% to real estate investors.
Rosebery is 280th on a list of best yielding suburbs for rents in NSW with a 3.99% return
About 20 minutes south of Sydney is the suburb of Rosebery, which has been seeing a lot of unit development recentlyFull summary
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Units double in inner city suburb
Median unit price: $890,000
Stock on market: 105.4%
12-month growth: 4.1%
About 20 minutes south of Sydney is the suburb of Rosebery, which has been seeing a lot of unit development recently.
The number of apartments on the market doubled in the space of 12 months, from 51 in February 2017 to 102 in February 2018.
This growth in high-density housing has had an effect on the suburb’s overall identity, as its industrial precincts are evolving. Rosebery offers residential, commercial and industrial hubs, meaning local residents are well serviced.
The local shopping centre is located on Gardeners Road, as is Gardeners Road Primary School. The Sydney International Film School makes its home on Rosebery Avenue. There are also several parks in the suburb – Turruwul Park is a well-lit area that is popular for night sports.Close