Rosebery, 0832 ranked 33th in NT when comparing growth in median property values or capital gain over the last 12 months. Rosebery is one of 124 in our list for NT
While Rosebery,0832 ranked number 9th in NT for increase in median house value (annualised) increase, it is ranked 31th over the last 5 years.
The most recent median price for Rosebery is $475000, with sellers offering an average of -4.92% off the asking price.
Often selling an investment property can take time, and in Rosebery the average time real estate has been on the market is 98.2258 days.
Using the current median advertised rental of $467.5 and the average annual increase in value of a median property of 9.49%, investors should hope to achieve an overall return of 5.12%
A -50.93% growth in median value for property investors in Rosebery,0832 puts this suburb at number 16th in terms of best performing suburbs in NT
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
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Rosebery, NT – Many houses in this family-friendly suburb
Median house price: $470,000
Stock on market: 6.6%
12-month growth: -9.6%
Situated in the outer ring of Palmerston’s south, the suburb of Rosebery was named for Archibald Philip Primrose, who was the Fifth Earl of Rosebery and went on become the UK’s Prime Minister in the early 1900s. While unit stock fell, the number of houses on the market increased sharply.
It is favoured as a good place to raise a family, given the presence of educational institutions like Rosebery Primary School and Palmerston College’s 7-9 campus. The Palmerston CBD is around 3km away, bringing Rosebery residents within easy reach of amenities like the Palmerston Shopping Centre, supermarkets and the Palmerston campus of Charles Darwin University.