Suburb Profile Report for Rockdale NSW (2216)

Rockdale House: Median price $1,071,000, Annual capital growth 8.46%, Number of sales 55, Weekly median advertised rent $595

Rockdale Unit: Median price $620,000, Annual capital growth 5.92%, Number of sales 192, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Rockdale is in the bottom 20% in NSW when comparing median price capital growth over the last year. Rockdale gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.64%.

While Rockdale,2216 ranked number 1243th in NSW for increase in median house value (annualised) increase, it is ranked 274th over the last 5 years.

Our latest figures would indicate that property sellers in Rockdale are currently offering property investors an average price cut of -5.42% below the asking price at the moment.

With the median price for a house in Rockdale being $1071000 and the advertised rent reaching $595 the gross rental yield for property investors calculates out to be 2.89%

With a capital gain of 3.33% for the last 12 months, Rockdale, 2216 has performed for property investments than its average annual 5.92% property growth over the last 5 years.

The five-year average increase in median property values for Rockdale,2216 has given property investors a potential capital gain of 47.44% across each of those five years.

Property investors looking for a bargain in Rockdale should be aiming for at least -3.17% off the asking price, which is the average vendor discount being achieved at the moment.

Rockdale is 283th on a list of best yielding suburbs for rents in NSW with a 4.19% return

HOUSE UNIT
$1,071,000 $620,000
-3.73% 1.64%
-2.64% 3.33%
8.46% 5.92%
$595 $500
55 192
2.89% 4.19%
67.28 45.98

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