With a capital gain of -1.05% for the last 12 months, Rockdale, 2216 has performed for property investments than its average annual 8.34% property growth over the last 5 years.
While Rockdale,2216 ranked number 453th in NSW for increase in median house value (annualised) increase, it is ranked 315th over the last 5 years.
At number 703th of NSW’s most discounted properties, Rockdale is in the middle of the state/territory when listing in order of most discounted to least.
At number 1793 in a list of fastest selling suburbs, Rockdale is just in the top half of suburbs in Australia with an average of days on market 79.25 for properties listed there.
With the median price for a house in Rockdale being $1128000 and the advertised rent reaching $597.5 the gross rental yield for property investors calculates out to be 2.75%
With a capital gain of 1.78% for the last 12 months, Rockdale, 2216 has performed for property investments than its average annual 6.02% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Rockdale,2216 has racked up an average of 1.78% over the period. This ranks it number 492th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Rockdale should be aiming for at least -3.42% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Rockdale have been waiting around 46.44 days to sell a property.
Situated 10.48km from the CBD, Rockdale is one of Rockdale localities in the postcode 2216.