Rosetta is an average performer in TAS when comparing median price capital growth over the last year. Rosetta gave property investors a average capital gain figure when compared to the rest of the state, with 7.66%.
Rosetta,7010 has offered an average of 7.66% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.81% to buyers in Rosetta at the moment, which is less than average for the rest of TAS.
Often selling an investment property can take time, and in Rosetta the average time real estate has been on the market is 50.4865 days.
Rosetta is 52th on a list of best yielding suburbs for rents in TAS with a 5.43% return
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One of Hobart’s northern suburbs, Rosetta has been attracting significant interest from buyers for its proximity to a thriving city, affordability and very high returns.
The housing market in particular enjoyed a near 17% price increase. Even then, the median value is under $380,000, coupled with the high average returns of 5.3%, Rosetta houses could be an investor’s dream especially with Hobart soaring in the national property market.
The drawing card for residents lies in Rosetta being just a 15-minute drive (or a 40-minute bus ride) from Hobart. The east side of the suburb is bordered by the Brooker Highway. Moreover, Rosetta is home to a primary school and a high school.