Investment property in The Rock has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 29.27%
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.
The Rock, 2655 is offering NSW ‘s 219th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
A $227.5 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 7.97%.