Property investors who have had real estate in The Rock, 2655 should be 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 -8.66%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in The Rock has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in The Rock should be aiming for at least -6.15% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 26 properties changed hands in The Rock, which puts it as the 1018th most active market in NSW when comparing the number of sales per suburb.
The Rock is 82th on a list of best yielding suburbs for rents in NSW with a 5.82% return