Property investors who have had real estate in West Rockhampton, 4700 should be relatively unhappy 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 1.25%
When looking at the potential capital gains offered to property investors over the last 3 years, West Rockhampton comes in at number 728th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in West Rockhampton itself are offering an average vendor discount of -13.64% to real estate investors.
At number 3629 in a list of fastest selling suburbs, West Rockhampton is in the bottom 10% of suburbs in Australia with an average of days on market 153.71 for properties listed there.
Advertised rents are around the $285 mark per week – giving a return of 6.11% based on the median price in Suburb