With a capital gain of 1.20% for the last 12 months, Rockdale, 2216 has performed for property investments than its average annual 8.39% property growth over the last 5 years.
Across a shorter period, Rockdale, 2216 has seen a median price increase of -0.68% over the last quarter.
Property buyers and investors in Rockdale 2216 should be seeing an average reduction in asking price of around -5.48% . This means that Rockdale is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
Over the last year, property investments in Rockdale, 2216 have given investors a capital gain of 1.64%. This compares badly with the 6.59% for NSW as a whole.
Over the longer term, Rockdale has seen property prices show investors a 29.17% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Rockdale should be aiming for at least -3.08% off the asking price, which is the average vendor discount being achieved at the moment.
At number 205 in a list of fastest selling suburbs, Rockdale is in the TOP 20% of suburbs in Australia with an average of days on market 47.14 for properties listed there.
Situated 10.86km from the CBD, Rockdale is one of Rockdale localities in the postcode 2216.