Over the last year, property investments in Rosebery, 0832 have given investors a capital gain of 12.59%. This compares averagely with the 13.24% for NT as a whole.
A 26.67% growth in median value for property investors in Rosebery,0832 puts this suburb at number 14th in terms of best performing 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 -4.67% is being offered, which puts this NT suburb at 800th most discounted overall in Australia.
A $0 per week rent on the median house gives suburb investors a gross yield of circa 0.00%, without taking into account capital value appreciation, which has been averaging out at 6.12%.
Property investors who have had real estate in Rosebery, 0832 should be pleased with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 26.67%
Across a shorter period, Rosebery, 0832 has seen a median price increase of 2.70% over the last quarter.
The most recent median price for Rosebery is $290000, with sellers offering an average of 0.00% off the asking price.
Using the current median advertised rental of $1100 and the average annual increase in value of a median property of 7.46%, investors should hope to achieve an overall return of 19.72%
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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.