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 $5,400,000.

The upward trend in home prices in ROSSMORE, 2557 averaged 5.59% per annum over a 3-year period.

Average weekly rents on listings have reached the $850 mark, reflecting a 0.82% increase in returns based on the current median price in ROSSMORE.

An average of 1.08 real estate transactions take place per month in ROSSMORE which translates to 13 per annum.

13 properties were sold in ROSSMORE in 2016, making it the 1277th most active market in NSW based on total real estate transactions.

ROSSMORE, 2557 places 5th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$5,400,000	N/A
Growth Report
Median Quarterly	25.58%	N/A
Median 12 month	14.65%	N/A
Median 3 years	16.76%	N/A
Median 5 years	80%	N/A
10 years average annual	10.45%	N/A
Weekly media advert. rent	$850	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0.82%	N/A

Demographics (Median Values)*

Total Population 8952

Weekly Household Income 2121

Household Size 3.30

Average Age 31

Monthly Loan Repayment 2600

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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