Rossmoyne is in the TOP 30% in WA when comparing median price capital growth over the last year. Rossmoyne gave property investors a good capital gain figure when compared to the rest of the state, with 2.59%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rossmoyne has increased when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.08% offered to property buyers. Sellers in Rossmoyne itself are offering an average vendor discount of -7.86% to real estate investors.
Residents and property investors in Rossmoyne have been waiting around 93.78 days to sell a property.
Renters in Suburb are facing rents around $5940 per annum or $495 every week.
Information supplied by:June 2017
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The suburb of Rossmoyne is one of Perth’s premium suburbs, with the median house price coming in at over $1m.Full summary
The suburb of Rossmoyne is one of Perth’s premium suburbs, with the median house price coming in at over $1m. Located just 14km south of Perth, this short distance from the city could be a reason for its value.
Rossmoyne’s price tag remains high even though prices have fallen by 5.2% over the past 12 months. This could also account for the low rental yield.
Nonetheless, Rossmoyne residents are served by various amenities, including a shopping centre that contains a supermarket, café and restaurants. The local sports facilities include tennis courts and a bowling club. The suburb is also home to three schools for students of various ages: a kindergarten, a primary school and senior high schools. Buses run to and from Perth as well.
Original post: http://www.yourinvestmentpropertymag.com.au/top-suburbs/WA-6148-rossmoyne.aspx