If you compare the increase in value of investment property in Rooty Hill, 2766 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.19%.
Over the longer term, Rooty Hill has seen property prices show investors a 28.03% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rooty Hill, 2766. Typically our figures indicate that -4.60% is being offered, which puts this NSW suburb at 2730th most discounted overall in Australia.
Rooty Hill is 690th on a list of best yielding suburbs for rents in NSW with a 3.31% return
If you compare the increase in value of investment property in Rooty Hill, 2766 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.00%.
A 68.07% growth in median value for property investors in Rooty Hill,2766 puts this suburb at number 259th in terms of best performing suburbs in NSW
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.79% offered to property buyers. Sellers in Rooty Hill itself are offering an average vendor discount of -5.01% to real estate investors.
At number 703 in a list of fastest selling suburbs, Rooty Hill is just in the top half of suburbs in Australia with an average of days on market 68.63 for properties listed there.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 6.76%, investors should hope to achieve an overall return of 3.90%