AREA REPORTS

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 17.31% for the past year.

Investors saw the median home price rise to $610,000.

Profits due to an upward trend in home prices in the suburb averaged 16.38% per annum over a 3-year period.

ROSEBUD now ranks at the 165th 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 $350 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 53.7 days.

In 2016, 353 properties were sold in ROSEBUD during the past year, making it the 282nd 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 $610,000 $540,000
GROWTH REPORT
Median Quarterly 3.39% 4.85%
Median 12 month 17.31% 14.89%
Median 3 years 49.14% 43.52%
Median 5 years 67.01% 54.29%
10 years average annual 7.66% 6.14%
Weekly media advert. rent $350 $340
Time on Market 53.7 days 56.2 days
Gross Rental Yield Percent 2.98% 3.27%
demographics (median values)
Total Population
11177
Weekly Household Income
597
Household Size
2.10
demographics
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