ROSSMORE, 2557 ranks 188th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 26.68% for property investors.
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 $3,110,000.
The upward trend in home prices in ROSSMORE, 2557 averaged 39.67% per annum over a 3-year period.
Average weekly rents on listings have reached the $625 mark, reflecting a 1.05% increase in returns based on the current median price in ROSSMORE.
An average of 1.25 real estate transactions take place per month in ROSSMORE which translates to 15 per annum.
15 properties were sold in ROSSMORE in 2016, making it the 1117th most active market in NSW based on total real estate transactions.
ROSSMORE, 2557 places 103rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||26.68%||N/A|
|Median 3 years||119.01%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||15.44%||N/A|
|Weekly media advert. rent||$625||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||1.05%||N/A|