At number 176th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosebery, 7470 is in the top 10% with a property value increase of 20.81% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rosebery has increased when compared to the 5 year average annual rate.
Vendor discounting in Rosebery is giving property investors an average Vendor Discount of around -6.08%. This puts suburb at number 26th in TAS when ranking the most discounted suburbs.
With the median price for a house in Rosebery being $89500 and the advertised rent reaching $160 the gross rental yield for property investors calculates out to be 9.30%
Property value increases in Rosebery have tracked just lower than the TAS average of 5.28% over the last 12 months.
Renters in Suburb are facing rents around $6240 per annum or $120 every week.