Roxburgh Park has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.28% to date .
If we look at median property appreciation over just the last three months, Roxburgh Park has given property investors a paper return of 3.33%. This puts Suburb as 286 on a list of fastest fasting appreciating suburbs in VIC
Roxburgh Park, 3064 is offering VIC ‘s 54th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
On average over the past year, suburb has had 28.50 sales per month, which equates to 342 per year.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 5.83%, investors should hope to achieve an overall return of 4.00%
VIC has seen average median house prices change by 6.72% which means that Roxburgh Park, 3064 has done well for property investors by showing a capital gain of 25.44% over the last year
The five-year average increase in median property values for Roxburgh Park,3064 has given property investors a potential capital gain of 22.20% across each of those five years.
With the median price for a house in Roxburgh Park being $355000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.98%