How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
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The suburb’s capital gain of -1.1% for the past year is lower than average compared to its 17.5% growth within a five-year period.
Also in ROSELANDS, the median home price is sitting at $940,000, and the average rent at $580, this suggests property owners could potentially earn a 3.21% increase in gross rental yield.
Property investors have seen a 3.01% gain in ROSELANDS based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.39% growth over a ten-year period. It ranks 415th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $940,000 | $470,500 |
| GROWTH REPORT | ||
| Median Quarterly | 3.01% | -12.06% |
| Median 12 month | -1.1% | -21.58% |
| Median 3 years | -4.33% | -14.45% |
| Median 5 years | 17.5% | 21.26% |
| 10 years average annual | 7.39% | 5.55% |
| Weekly media advert. rent | $580 | $400 |
| Time on Market | 73.5 days | 88.4 days |
| Gross Rental Yield Percent | 3.21% | 4.42% |
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