Suburb Profile Report for Rockdale NSW (2216)

Rockdale House: Median price $1,336,000, Annual capital growth 10.31%, Number of sales 55, Weekly median advertised rent $620

Rockdale Unit: Median price $669,444, Annual capital growth 7.07%, Number of sales 178, Weekly median advertised rent $520

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Rockdale, 2216 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.65%

While Rockdale,2216 ranked number 139th in NSW for increase in median house value (annualised) increase, it is ranked 156th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Rockdale is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 393th in terms of most discounted suburbs in NSW

Advertised rents are around the $620 mark per week – giving a return of 2.41% based on the median price in Suburb

Over the last year, property investments in Rockdale, 2216 have given investors a capital gain of 7.97%. This compares averagely with the 8.63% for NSW as a whole.

Across a shorter period, Rockdale, 2216 has seen a median price increase of 2.99% over the last quarter.

Property buyers and investors in Rockdale 2216 should be seeing an average reduction in asking price of around -3.41% . This means that Rockdale is holding prices well when compared to other suburbs in NSW.

A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 7.07%.

Metrics i HOUSE UNIT
$1,336,000 $669,444
7.96% 2.99%
23.65% 7.97%
10.31% 7.07%
$620 $520
55 178
2.41% 4.04%
53.23 48.83

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 14035
Median household income ($/weekly) 1323
Median age of persons 31
Median housing loan repayment ($/monthly) 2100
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1127 8.0
    20-24 years 1485 10.6
    25-34 years 3878 27.6
    35-44 years 1935 13.8
    45-54 years 1538 11.0
    Others 4073 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 5087 47.7
    Not Married 4948 46.4
    Defacto Relationship 632 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4655 36.6
    Croatia 1481 11.6
    Germany 575 4.5
    Indonesia 445 3.5
    Other 2564 20.2
    Others 3001 23.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 961 7.7
    Christianity 6362 50.8
    Hinduism 1410 11.2
    Islam 1441 11.5
    No Religion 2252 18.0
    Others 109 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 363 8.6
    $1,000-$1,249 423 10.1
    $1,250-$1,499 421 10.0
    $1,500-$1,999 672 16.0
    $2,000-$2,499 431 10.3
    Others 1888 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4360 40.1
    Not in the labour force 3434 31.6
    Employed, worked part-time 2168 19.9
    Unemployed, looking for work 496 4.6
    Employed, away from work 420 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1373 19.8
    Technicians & trades workers 906 13.0
    Community & personal service workers 786 11.3
    Clerical & administrative workers 1053 15.2
    Labourers 890 12.8
    Others 1937 27.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 659 20.4
    Secondary 569 17.6
    Technical or Further Educational Institution 446 13.8
    University or other Tertiary Institutions 1153 35.7
    Other type of educational institution 270 8.4
    Others 135 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 7379 58.3
    Separate house 4674 37.0
    Semi-detached, row or terrace house, townhouse 356 2.8
    House or flat attached to a shop, office 153 1.2
    Caravan, cabin, houseboat 87 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1946 42.7
    Being purchased 1430 31.4
    Fully owned 1153 25.3
    Other tenure type 30 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals