Rosebery has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 16.67% to date .
Over the longer term, Rosebery has seen property prices show investors a 27.27% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.65% offered to property buyers. Sellers in Rosebery itself are offering an average vendor discount of -5.86% to real estate investors.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
A $160 per week rent on the median house gives suburb investors a gross yield of circa 9.51%, without taking into account capital value appreciation, which has been averaging out at 1.78%.