Over the last year, property investments in Rosanna, 3084 have given investors a capital gain of -9.44%. This compares very badly with the 0.01% for VIC as a whole.
While Rosanna,3084 ranked number 238th in VIC for increase in median house value (annualised) increase, it is ranked 466th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rosanna, 3084. Typically our figures indicate that -8.26% is being offered, which puts this VIC suburb at 725th most discounted overall in Australia.
Advertised rents are around the $470 mark per week – giving a return of 2.43% based on the median price in Suburb
Over the last year, property investments in Rosanna, 3084 have given investors a capital gain of -13.03%. This compares very badly with the 3.98% for VIC as a whole.
If we look at median property appreciation over just the last three months, Rosanna has given property investors a paper return of 1.42%. This puts Suburb as 177 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Rosanna 3084 should be seeing an average reduction in asking price of around -10.28% . This means that Rosanna is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Rosanna have been waiting around 76.3103 days to sell a property.
The VIC suburb of Rosanna, 3084 is in the Banyule (C) local government area.
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Information supplied by:
YIP MAG
October 2015
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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.