‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 2.84% growth over a ten-year period. It ranks 2502nd on our list of suburbs that property investors should look into.
ROCHESTER, 3561 has a capital gain of -9.8% for the past year, which is lower than average compared to its 15% growth within a five-year period.
With the median home price in ROCHESTER sitting at $230,000, and the average rent at $270, property owners could potentially earn a 6.1% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ROCHESTER are low, as opposed to average gains per annum over the past five years.
ROCHESTER, 3561 in VIC belongs to the local government area of Campaspe.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $230,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.13% | N/A |
| Median 12 month | -9.8% | N/A |
| Median 3 years | -2.13% | N/A |
| Median 5 years | 15% | N/A |
| 10 years average annual | 2.84% | N/A |
| Weekly media advert. rent | $270 | N/A |
| Time on Market | 149.6 days | N/A |
| Gross Rental Yield Percent | 6.1% | N/A |
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