Ross TAS Property Investment

THE MARKET

Ross recorded 4.9% annual price growth over the past 5 years — a $250,510 house bought in 2019 would be worth approximately $197,218 today. Properties are sitting on the market for 58 days (buyers have some room to negotiate).

- **Median house:** $250,510 | **Units:** $155,151 - **Gross yield:** 10.0% | **Net yield:** 8.5% - **Vacancy:** 2.4% (improving) | **Rental demand:** High - **5yr price growth:** 4.9%/yr | **3yr forecast:** 5.5%/yr - **Days on market:** 58 (worsening)

STR potential: $175/night at 65% occupancy = ~$41,519/yr gross. That's a **66% premium** over long-term rent — but factor in higher management costs and council rules.

BULL CASE

If Ross maintains 3%+ annual growth and vacancy stays below 1.7%, median prices could reach $288,086 within 3 years with yields compressing slightly as capital values rise.

Notable infrastructure: **Midland Highway Upgrade - Ross/Oatlands Section** (under construction).

BEAR CASE

A market correction or interest rate shock could see prices in Ross pull back 10-15% from $250,510, with vacancy rising to 4.3% and rental yields softening as tenants gain leverage.

WHAT TO DO

Ross presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 10.0% and prioritise properties with value-add potential. Consider timing entry around the current growth phase of the market cycle.

- Entry range: $225,459 – $275,561 - Minimum yield to target: 10.3% - Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.