Rocklea, 4106 ranked 598th in QLD when comparing growth in median property values or capital gain over the last 12 months. Rocklea is one of 2415 in our list for QLD
Rocklea,4106 has offered an average of -1.02% return per annum in house price rises to property investors over the last three years.
At number 649th of QLD’s most discounted properties, Rocklea is in the TOP 30% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
Renters in Suburb are facing rents around $4260 per annum or $355 every week.
Rocklea was one of the worst hit areas in the 2011 flooding, and last year the area recorded a massive 22% drop in prices as a good deal of damaged homes came on the market. However, there are signs that the market is finally stabilising.Full summary
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Rocklea was one of the worst hit areas in the 2011 flooding, and last year the area recorded a massive 22% drop in prices as a good deal of damaged homes came on the market. However, there are signs that the market is finally stabilising.
“We were all affected,” says Local Ray White real estate agent Diane Sims, “and we’re still getting over it, but now things are finally starting to turn. For it being only 9km from the CBD, it’s priced exceptionally well. It also has transport, trains, buses and it’s close to the university. But the big draw is that it’s close to the CBD and extremely affordable.”
Best street(s): Bale Street: One of several older, more established streets in the southwest part of the suburb.