AREA REPORTS

Rosebery

 

 

Suburb Profile

Rosebery - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,832

house
unit

ROSEBERY, 832 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $520,000.

Profits due to an downward trend in home prices in the suburb averaged -5.6% per annum over a 3-year period.

ROSEBERY now ranks at the 6th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ROSEBERY are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $550 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ROSEBERY, homes and units usually stay on listing for an average of 131.2 days.

In 2016, 39 properties were sold in ROSEBERY during the past year, making it the 14th most active market in NT based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $520,000 $312,500
GROWTH REPORT
Median Quarterly 4% -3.85%
Median 12 month -1.89% N/A
Median 3 years -16.8% -31.54%
Median 5 years -13.33% -29.7%
10 years average annual 10.51% N/A
Weekly media advert. rent $550 $380
Time on Market 131.2 days 152.0 days
Gross Rental Yield Percent 5.5% 6.32%
demographics (median values)
Total Population
1528
Weekly Household Income
1581
Household Size
2.90
demographics
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