Investment property in Roselands has done 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 -12.16%
Over the longer term, Roselands has seen property prices show investors a -4.43% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Roselands is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 277th in terms of most discounted suburbs in NSW
A $560 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 7.16%.
Roselands is in the bottom 20% in NSW when comparing median price capital growth over the last year. Roselands gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.29%.
Roselands,2196 has offered an average of -12.29% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Roselands are currently offering property investors an average price cut of -8.46% below the asking price at the moment.