Giving property investors a a poor capital gain of -7.57% for the last year, Rosanna, 3084 is the 3622th highest performer in Australia in this respect.
Over the longer term, Rosanna has seen property prices show investors a 20.40% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Rosanna is offering property investors an average of -5.61. This rate of discount on properties puts Suburb at number 127th in terms of most discounted suburbs in VIC
Over the last year, property investments in Rosanna, 3084 have given investors a capital gain of -7.38%. This compares very badly with the 2.97% for VIC as a whole.
Rosanna,3084 has offered an average of -7.38% return per annum in house price rises to property investors over the last three years.
In the last year 27 properties changed hands in Rosanna, which puts it as the 210th most active market in VIC when comparing the number of sales per suburb.
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.