Rooty Hill is in the bottom 40% in NSW when comparing median price capital growth over the last year. Rooty Hill gave property investors a disappointing capital gain figure when compared to the rest of the state, with -8.57%.
Over the longer term, Rooty Hill has seen property prices show investors a 2.40% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Rooty Hill should be aiming for at least -6.93% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Rooty Hill the average time real estate has been on the market is 71.7763 days.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 7.64%, investors should hope to achieve an overall return of 3.49%
Property investors who have had real estate in Rooty Hill, 2766 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.00%
Across a shorter period, Rooty Hill, 2766 has seen a median price increase of -4.83% over the last quarter.
Rooty Hill, 2766 is offering NSW ‘s 43th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
In the last year 72 properties changed hands in Rooty Hill, which puts it as the 146th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 6.29%, investors should hope to achieve an overall return of 4.24%