Giving property investors a a solid capital gain of 12.69% for the last year, Rosanna, 3084 is the 582th highest performer in Australia in this respect.
The five-year average increase in median property values for Rosanna,3084 has given property investors a potential capital gain of 35.74% across each of those five years.
Rosanna, 3084’s gross rental yield is 2.15%
At number 457th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosanna, 3084 is in the top 40% with a property value increase of 6.52% recorded in median house prices.
Rosanna,3084 was ranked 826 in Australia by increase in median property value over the quarter.
Often selling an investment property can take time, and in Rosanna the average time real estate has been on the market is 55.1538 days.
The VIC suburb of Rosanna, 3084 is in the Banyule (C) local government area.
Information supplied by:
If you can afford it, this Melbourne suburb has a huge amount to offer.
It’s located 12km northeast of the Melbourne CBD, but there are a range of great amenities in the suburb itself.
These include public schools such as the respected Viewbank College.
The days on market figure of 50 days is pretty decent for the Melbourne market, as is the vacancy rate of just 1.3%.
Townhouses are a popular option and there are a good range of properties that appeal to tenants.
This includes some attractive townhouses on Waiora Road, which are well located and more reasonably priced (less than $650,000).
For investors looking for a house that is more affordable than the median price and still good value, there are some good opportunities on Lower Plenty Road.
Three- or four-bedroom houses on big blocks can be bought there for less than $750,000.
These properties are in close proximity to Rosanna Station, great shopping options, cafes and restaurants.