The suburb also 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 $410,000.
The upward trend in home prices in ROSSLEA, 4812 averaged 14.62% per annum over a 3-year period.
Average weekly rents on listings have reached the $310 mark, reflecting a 3.93% increase in returns based on the current median price in ROSSLEA.
An average of 0.92 real estate transactions take place per month in ROSSLEA which translates to 11 per annum.
11 properties were sold in ROSSLEA in 2016, making it the 877th most active market in QLD based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.31%||-2.86%|
|Median 3 years||43.86%||-15.22%|
|Median 5 years||N/A||-18.58%|
|10 years average annual||11.13%||-2.88%|
|Weekly media advert. rent||$310||$230|
|Time on Market||0.0 days||95.2 days|
|Gross Rental Yield Percent||3.93%||6.13%|