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MOMENTUM
MEDIA
A steady increase in median property prices over a five-year period in the suburb translates to a 45.49% capital gain.
It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,935,000
The augmented property values in the suburb are trailing behind the territorial average of 13.59% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $850.
Home owners selling their properties and realtors in ROSSMOYNE usually have to wait an average of 40.1 days days before their assets are lifted off the market.
The WA suburb ranks 381st on the list of best yielding suburbs for rental properties in WA, posting a 2.28% return.
It also places places 109th in Australia based on median property value growth during the quarter.
Rossmoyne is a picturesque riverside suburb located approximately 14 kilometres southeast of Perth's central business district, within the City of Canning. Renowned for its tranquil environment, excellent educational institutions, and strong community spirit, Rossmoyne offers a high-quality lifestyle that appeals to families, professionals, and retirees alike.
According to the 2021 Census, Rossmoyne had a population of 3,638, with a median age of 48. The suburb comprises approximately 1,362 dwellings, with an average household size of 2.70.
Rossmoyne's real estate market has experienced significant growth. As of recent data, the median house price stands at approximately \$1,801,000, reflecting a 21% increase over the past year. Houses in the area typically rent for around \$720 per week.
Educational facilities in Rossmoyne include Rossmoyne Primary School, a government co-educational primary school serving students from Kindergarten to Year 6. Rossmoyne Senior High School is one of Australia's top schools, known for consistently achieving outstanding academic results.
Rossmoyne is well served by public transport. Transperth bus routes 178, 179, 508, and 509 connect key destinations, including Bull Creek and Cannington train stations, facilitating easy access to Perth CBD and surrounding areas.
The suburb offers various parks and recreational facilities. Shelley/Rossmoyne Foreshore Park is approximately nine kilometres long and has play equipment, shelter, access for people with disabilities, and dual-height barbecues. Lions Park offers diverse terrains and scenic views, making it an ideal destination for outdoor activity enthusiasts.
Residents can access local shopping centres, including Rossmoyne Village, which offers a range of retail outlets and services. The suburb's location also provides convenient access to larger shopping centres like Westfield Carousel.