Investment property in Rochester has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.80%
Across a shorter period, Rochester, 3561 has seen a median price increase of -1.08% over the last quarter.
At number 40th of VIC’s most discounted properties, Rochester is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Rochester the average time real estate has been on the market is 162.35 days.
With the median price for a house in Rochester being $230000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 6.10%