AREA REPORTS

Rosebud

 

 

VIC/
Rosebud

Suburb Profile

Rosebud - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3939

house
unit

ROSEBUD, 3939 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling ROSEBUD, 3939 values up and netting property investors a capital gain of 8.04% for the past year.

Investors saw the median home price rise to $605,000.

Profits due to an upward trend in home prices in the suburb averaged 15.61% per annum over a 3-year period.

ROSEBUD now ranks at the th 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 ROSEBUD are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $360 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 ROSEBUD, homes and units usually stay on listing for an average of 44.6 days.

In 2016, 306 properties were sold in ROSEBUD during the past year, making it the 322nd most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $605,000 $537,500
GROWTH REPORT
Median Quarterly 0% -0.65%
Median 12 month 8.04% 9.69%
Median 3 years 46.84% 41.45%
Median 5 years 59.21% 53.57%
10 years average annual 7.33% 7.23%
Weekly media advert. rent $360 $365
Time on Market 44.6 days 60.4 days
Gross Rental Yield Percent 3.09% 3.53%
demographics (median values)
Total Population
11177
Weekly Household Income
597
Household Size
2.10
demographics
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