Property investors who have had real estate in Rockdale, 2216 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.42%
If we look at median property appreciation over just the last three months, Rockdale has given property investors a paper return of -0.05%. This puts Suburb as 982 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Rockdale should be aiming for at least -4.81% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Rockdale, 2216 is in the Rockdale local government area.
At number 1171th in the list of Australian suburbs ordered by increase in median house value over the last year, Rockdale, 2216 is in the BOTTOM 40% with a property value increase of -1.12% recorded in median house prices.
Comparing Rockdale,2216 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Rockdale is $620000, with sellers offering an average of -3.10% off the asking price.
In the last year 194 properties changed hands in Rockdale, which puts it as the 56th most active market in NSW when comparing the number of sales per suburb.
Situated 10.77km from the CBD, Rockdale is one of Rockdale localities in the postcode 2216.