With a capital gain of -3.85% for the last 12 months, Rosebery, 0832 has performed for property investments than its average annual 10.45% property growth over the last 5 years.
The five-year average increase in median property values for Rosebery,0832 has given property investors a potential capital gain of -15.68% across each of those five years.
Vendor discounting in Rosebery is giving property investors an average Vendor Discount of around -7.37%. This puts suburb at number 19th in NT when ranking the most discounted suburbs.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
Advertised rents are around the $495 mark per week – giving a return of 5.15% based on the median price in Suburb
NT has seen average median house prices change by -8.84% which means that Rosebery, 0832 has not done well for property investors by showing a capital gain of -23.98% over the last year
Taking the average capital gain, or increase in median house value, Rosebery,0832 has racked up an average of -23.98% over the period. This ranks it number 1522th in the whole country for real estate investors looking at median house price increases.
Rosebery is 3rd on a list of best yielding suburbs for rents in NT with a 8.23% return
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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.