Rochester is in the bottom 30% in VIC when comparing median price capital growth over the last year. Rochester gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.66%.
Taking the average capital gain, or increase in median house value, Rochester,3561 has racked up an average of -4.66% over the period. This ranks it number 3288th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.61% offered to property buyers. Sellers in Rochester itself are offering an average vendor discount of -7.07% to real estate investors.
Residents and property investors in Rochester have been waiting around 151.68 days to sell a property.
Rochester, 3561’s gross rental yield is 6.18%