Investment property in Roseville has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.81%
When looking at the potential capital gains offered to property investors over the last 3 years, Roseville comes in at number 896th in NSW.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -2.11% offered to property buyers. Sellers in Roseville itself are offering an average vendor discount of -3.10% to real estate investors.
At number 1657 in a list of fastest selling suburbs, Roseville is in the TOP 40% of suburbs in Australia with an average of days on market 29.6667 for properties listed there.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.67%, without taking into account capital value appreciation, which has been averaging out at 3.61%.
Roseville has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.47% to date .
A 29.56% growth in median value for property investors in Roseville,2069 puts this suburb at number 216th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Roseville is offering property investors an average of -2.31. This rate of discount on properties puts Suburb at number 329th in terms of most discounted suburbs in NSW
A $620 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 4.30%.