Investment property in Rosedale has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.62%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rosedale has increased when compared to the 5 year average annual rate.
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 Rosedale, 3847. Typically our figures indicate that -6.58% is being offered, which puts this VIC suburb at 1268th most discounted overall in Australia.
In the last year 34 properties changed hands in Rosedale, which puts it as the 504th most active market in VIC when comparing the number of sales per suburb.
Situated 164.15km from the CBD, Rosedale is one of Wellington localities in the postcode 3847.