At number 3363th in the list of Australian suburbs ordered by increase in median house value over the last year, Rooty Hill, 2766 is in the BOTTOM 20% with a property value increase of 2.65% recorded in median house prices.
Comparing Rooty Hill,2766 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.73% offered to property buyers. Sellers in Rooty Hill itself are offering an average vendor discount of -4.68% to real estate investors.
With the median price for a house in Rooty Hill being $697000 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 3.17%
Rooty Hill has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.27% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rooty Hill has increased when compared to the 5 year average annual rate.
Rooty Hill, 2766 is offering NSW ‘s 207th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
The NSW suburb of Rooty Hill, 2766 is in the Blacktown (C) local government area.