Investment property in Rostrevor has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.93%
Across a shorter period, Rostrevor, 5073 has seen a median price increase of 3.33% over the last quarter.
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 Rostrevor, 5073. Typically our figures indicate that -5.50% is being offered, which puts this SA suburb at 1990th most discounted overall in Australia.
Residents and property investors in Rostrevor have been waiting around 58.37 days to sell a property.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 3.85%, investors should hope to achieve an overall return of 3.44%
At number 1532th in the list of Australian suburbs ordered by increase in median house value over the last year, Rostrevor, 5073 is in the BOTTOM 20% with a property value increase of -9.55% recorded in median house prices.
Over the longer term, Rostrevor has seen property prices show investors a 17.26% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Rostrevor should be aiming for at least -8.60% off the asking price, which is the average vendor discount being achieved at the moment.
Rostrevor is 134th on a list of best yielding suburbs for rents in SA with a 4.26% return