The suburb’s capital gain of 6.84% for the past year is higher than average compared to its 19.62% growth within a five-year period.
Also in ROSETTA, the median home price is sitting at $375,000, and the average rent at $372.5, this suggests property owners could potentially earn a 5.17% increase in gross rental yield.
Property investors have seen a 0% gain in ROSETTA based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.89% growth over a ten-year period. It ranks 2023rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.84%||-11.32%|
|Median 3 years||18.95%||-3.09%|
|Median 5 years||19.62%||7.67%|
|10 years average annual||3.89%||3.77%|
|Weekly media advert. rent||$372.5||$300|
|Time on Market||41.9 days||79.0 days|
|Gross Rental Yield Percent||5.17%||6.64%|