Property management: You get what you pay for
Lately there have been some new ‘startups’ in the property management space that are trying to swing investors away from traditional pro...
Homeowners and real estate investors betting on ROSEHILL, 2142 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 27.17%.
Property investors in ROSEHILL enjoyed capital gains of 27.17% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,027,500.
Profits due to an upward trend in home prices there averaged 3.94% per annum over a 3-year period.
Home owners selling their properties and realtors in ROSEHILL usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $480 mark, reflecting a 2.43% increase in returns based on the current median price in ROSEHILL.
ROSEHILL, 2142 places 1275th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,027,500 | $530,000 |
| GROWTH REPORT | ||
| Median Quarterly | -10.85% | -3.64% |
| Median 12 month | 27.17% | -1.49% |
| Median 3 years | 11.81% | -3.64% |
| Median 5 years | N/A | 47.22% |
| 10 years average annual | 14.07% | 9.02% |
| Weekly media advert. rent | $480 | $450 |
| Time on Market | 0.0 days | 94.4 days |
| Gross Rental Yield Percent | 2.43% | 4.42% |
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