Property investors who have had real estate in Rosebery, 7470 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.87%
Rosebery,7470 has offered an average of -2.87% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -9.62% to buyers in Rosebery at the moment, which is less than average for the rest of TAS.
A $150 per week rent on the median house gives suburb investors a gross yield of circa 10.23%, without taking into account capital value appreciation, which has been averaging out at -0.54%.
In the last year 12 properties changed hands in Rosebery, which puts it as the 56th most active market in TAS when comparing the number of sales per suburb.
Advertised rents are around the $160 mark per week – giving a return of 13.87% based on the median price in Suburb