The post-budget guide to commercial property investing

Rossmore

POSTAL CODE: NSW, 2557
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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 $4,425,000.

The upward trend in home prices in ROSSMORE, 2557 averaged 8.57% per annum over a 3-year period.

Average weekly rents on listings have reached the $725 mark, reflecting a 0.85% increase in returns based on the current median price in ROSSMORE.

An average of 0.83 real estate transactions take place per month in ROSSMORE which translates to 10 per annum.

10 properties were sold in ROSSMORE in 2016, making it the 1478th most active market in NSW based on total real estate transactions.

ROSSMORE, 2557 places 1151st in Australia based on median property value growth during the quarter.

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