VIC has seen average median house prices change by 4.41% which means that Rosanna, 3084 has done well for property investors by showing a capital gain of 1.18% over the last year
While Rosanna,3084 ranked number 193th in VIC for increase in median house value (annualised) increase, it is ranked 411th over the last 5 years.
Sellers are offering property buyers an average discount of -6.67% to buyers in Rosanna at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
Rosanna is an average performer in VIC when comparing median price capital growth over the last year. Rosanna gave property investors a average capital gain figure when compared to the rest of the state, with 5.51%.
When looking at the potential capital gains offered to property investors over the last 3 years, Rosanna comes in at number 295th in VIC.
Our latest figures would indicate that property sellers in Rosanna are currently offering property investors an average price cut of -11.61% below the asking price at the moment.
Situated 12.23km from the CBD, Rosanna is one of Banyule (C) localities in the postcode 3084.
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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.