With a capital gain of -4.00% for the last 12 months, Rosebery, 0832 has performed for property investments than its average annual 7.51% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Rosebery has given property investors a paper return of 1.05%. This puts Suburb as 14 on a list of fastest fasting appreciating suburbs in NT
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 Rosebery, 0832. Typically our figures indicate that -5.57% is being offered, which puts this NT suburb at 609th most discounted overall in Australia.
Advertised rents are around the $460 mark per week – giving a return of 4.98% based on the median price in Suburb
Rosebery,0832 was ranked 1228 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
Renters in Suburb are facing rents around $18200 per annum or $350 every week.
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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.