Rosebery has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -4.76% to date .
Taking the average capital gain, or increase in median house value, Rosebery,7470 has racked up an average of -4.76% over the period. This ranks it number 3748th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Rosebery is giving property investors an average Vendor Discount of around -9.41%. This puts suburb at number 27th in TAS when ranking the most discounted suburbs.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
With the median price for a house in Rosebery being $75000 and the advertised rent reaching $170 the gross rental yield for property investors calculates out to be 11.79%
Property investors who have had real estate in Rosebery, 7470 should be relatively 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 -5.51%
The five-year average increase in median property values for Rosebery,7470 has given property investors a potential capital gain of -32.20% across each of those five years.
Property investors looking for a bargain in Rosebery should be aiming for at least -15.63% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Rosebery have been waiting around 148 days to sell a property.
Property investors should expect to get $160 weekly from the median priced house in this suburb.