Suburb Profile Report for Rochedale South QLD (4123)

Rochedale South House: Median price $501,500, Annual capital growth 4.43%, Number of sales 268, Weekly median advertised rent $410

Rochedale South Unit: Median price $279,000, Annual capital growth 2.73%, Number of sales 34, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.44% which means that Rochedale South, 4123 has done well for property investors by showing a capital gain of 5.58% over the last year

Taking the average capital gain, or increase in median house value, Rochedale South,4123 has racked up an average of 5.58% over the period. This ranks it number 2009th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rochedale South, 4123. Typically our figures indicate that -4.48% is being offered, which puts this QLD suburb at 2700th most discounted overall in Australia.

A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 4.43%.

Giving property investors a a poor capital gain of -5.10% for the last year, Rochedale South, 4123 is the 1410th highest performer in Australia in this respect.

Comparing Rochedale South,4123 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Rochedale South are currently offering property investors an average price cut of -7.11% below the asking price at the moment.

Rochedale South, 4123’s gross rental yield is 5.96%

Metrics i HOUSE UNIT
$501,500 $279,000
0.85% -2.79%
5.58% -5.10%
4.43% 2.73%
$410 $320
268 34
4.25% 5.96%
37.6 79.79

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 14996
Median household income ($/weekly) 1426
Median age of persons 35
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1947 13.0
    25-34 years 2267 15.1
    35-44 years 2216 14.8
    45-54 years 1874 12.5
    55-64 years 1925 12.8
    Others 4767 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 5859 52.3
    Not Married 4253 38.0
    Defacto Relationship 1082 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 10786 74.9
    Papua New Guinea 973 6.8
    South Africa 167 1.2
    United Kingdom 767 5.3
    Other 595 4.1
    Others 1109 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 231 1.7
    Christianity 10223 73.7
    Hinduism 94 0.7
    Islam 193 1.4
    No Religion 3029 21.8
    Others 98 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 429 8.8
    $1,000-$1,249 482 9.9
    $1,250-$1,499 515 10.6
    $1,500-$1,999 748 15.4
    $2,000-$2,499 632 13.0
    Others 2064 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5215 45.4
    Not in the labour force 3124 27.2
    Employed, worked part-time 2310 20.1
    Employed, away from work 475 4.1
    Unemployed, looking for work 374 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 775 9.7
    Professionals 1589 19.9
    Technicians & trades workers 1317 16.5
    Clerical & administrative workers 1516 18.9
    Sales 826 10.3
    Others 1978 24.7
    Occupation
    Census Count Percent(%)
    Pre-school 188 5.5
    Infants/Primary 1327 38.8
    Secondary 921 27.0
    Technical or Further Educational Institution 289 8.5
    University or other Tertiary Institutions 616 18.0
    Others 75 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13533 93.9
    Semi-detached, row or terrace house, townhouse 763 5.3
    Flat, unit or apartment 114 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2422 45.9
    Fully owned 1586 30.0
    Rented 1230 23.3
    Other tenure type 42 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals