Property investors who have had real estate in Rochedale South, 4123 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.10%
Taking the average capital gain, or increase in median house value, Rochedale South,4123 has racked up an average of 7.10% over the period. This ranks it number 1773th 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 -5.38% is being offered, which puts this QLD suburb at 2307th most discounted overall in Australia.
Often selling an investment property can take time, and in Rochedale South the average time real estate has been on the market is 45.27 days.
Rochedale South, 4123’s gross rental yield is 4.35%
If you compare the increase in value of investment property in Rochedale South, 4123 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.25%.
Over the longer term, Rochedale South has seen property prices show investors a 13.33% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Rochedale South is $297500, with sellers offering an average of -7.16% off the asking price.
At number 591 in a list of fastest selling suburbs, Rochedale South is just in the top half of suburbs in Australia with an average of days on market 69.58 for properties listed there.
Renters in Suburb are facing rents around $3780 per annum or $315 every week.