Property value increases in Rowville have tracked close to the VIC average of 2.87% over the last 12 months.
While Rowville,3178 ranked number 273th in VIC for increase in median house value (annualised) increase, it is ranked 423th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Rowville is offering property investors an average of -6.51. This rate of discount on properties puts Suburb at number 128th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 26.33 sales per month, which equates to 316 per year.
Investment property in Rowville has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.07%
A 39.88% growth in median value for property investors in Rowville,3178 puts this suburb at number 133th in terms of best performing suburbs in VIC
Vendor discounting in Rowville is giving property investors an average Vendor Discount of around -5.48%. This puts suburb at number 161th in VIC when ranking the most discounted suburbs.
Rowville, 3178’s gross rental yield is 3.81%