Property investors who have had real estate in The Rock, 2655 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.35%
Across a shorter period, The Rock, 2655 has seen a median price increase of -4.76% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that The Rock is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 334th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $227.5 and the average annual increase in value of a median property of 3.25%, investors should hope to achieve an overall return of 5.92%