ROSSMORE, 2557 ranks 108th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 30.43% 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 $3,000,000.
Average weekly rents on listings have reached the $600 mark, reflecting a 1.04% 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 1463rd most active market in NSW based on total real estate transactions.
ROSSMORE, 2557 places 12th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||30.43%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||14.97%||N/A|
|Weekly media advert. rent||$600||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||1.04%||N/A|