If you compare the increase in value of investment property in Rockdale, 2216 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.77%.
A 69.23% growth in median value for property investors in Rockdale,2216 puts this suburb at number 1208th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Rockdale are currently offering property investors an average price cut of -8.33% below the asking price at the moment.
With the median price for a house in Rockdale being $1100000 and the advertised rent reaching $590 the gross rental yield for property investors calculates out to be 2.79%
Over the last year, property investments in Rockdale, 2216 have given investors a capital gain of 3.00%. This compares badly with the 8.14% for NSW as a whole.
Rockdale,2216 was ranked 973 in Australia by increase in median property value over the quarter.
Rockdale2216 is located in NSW which offers an average discount of -4.45% to property investors. Rockdale itself is showing figures that indicate -3.08% is the average achievable by property buyers investing in the suburb.
In the last year 186 properties changed hands in Rockdale, which puts it as the 53th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $500 mark per week – giving a return of 4.21% based on the median price in Suburb