Rosanna has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.35% to date .
Across a shorter period, Rosanna, 3084 has seen a median price increase of -2.17% over the last quarter.
Rosanna3084 is located in VIC which offers an average discount of -5.39% to property investors. Rosanna itself is showing figures that indicate -6.09% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Rosanna being $1125000 and the advertised rent reaching $465 the gross rental yield for property investors calculates out to be 2.15%
Property value increases in Rosanna have tracked close to the VIC average of 6.03% over the last 12 months.
Across a shorter period, Rosanna, 3084 has seen a median price increase of 1.21% over the last quarter.
Rosanna3084 is located in VIC which offers an average discount of -4.82% to property investors. Rosanna itself is showing figures that indicate -3.76% is the average achievable by property buyers investing in the suburb.
At number 143 in a list of fastest selling suburbs, Rosanna is in the TOP 10% of suburbs in Australia with an average of days on market 42.54 for properties listed there.
If you can afford it, this Melbourne suburb has a huge amount to offer.Full summary
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If you can afford it, this Melbourne suburb has a huge amount to offer.Close
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.