Suburb Profile Report for Rochedale South QLD (4123)

Rochedale South House: Median price $497,500, Annual capital growth 4.71%, Number of sales 241, Weekly median advertised rent $410

Rochedale South Unit: Median price $286,500, Annual capital growth 3.45%, Number of sales 28, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Rochedale South has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.86%

Over the longer term, Rochedale South has seen property prices show investors a 17.33% return over the last 3 years. This is worse than over the last 12 months

At number 711th of QLD’s most discounted properties, Rochedale South is in the TOP 20% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Rochedale South being $497500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.29%

With a capital gain of 0.53% for the last 12 months, Rochedale South, 4123 has performed for property investments than its average annual 3.45% property growth over the last 5 years.

Across a shorter period, Rochedale South, 4123 has seen a median price increase of -2.22% over the last quarter.

Property investors looking for a bargain in Rochedale South should be aiming for at least -7.73% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $3840 per annum or $320 every week.

Metrics i HOUSE UNIT
$497,500 $286,500
0.51% -2.22%
3.86% 0.53%
4.71% 3.45%
$410 $320
241 28
4.29% 5.81%
39.27 77.15

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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