Property value increases in Rothwell have tracked close to the QLD average of 0.78% over the last 12 months.
Taking the average capital gain, or increase in median house value, Rothwell,4022 has racked up an average of 0.00% over the period. This ranks it number 2496th in the whole country for real estate investors looking at median house price increases.
Rothwell4022 is located in QLD which offers an average discount of -7.01% to property investors. Rothwell itself is showing figures that indicate -4.61% is the average achievable by property buyers investing in the suburb.
In the last year 99 properties changed hands in Rothwell, which puts it as the 189th most active market in QLD when comparing the number of sales per suburb.
Rothwell is 339th on a list of best yielding suburbs for rents in QLD with a 4.95% return
QLD has seen average median house prices change by -0.57% which means that Rothwell, 4022 has not done well for property investors by showing a capital gain of 13.64% over the last year
Rothwell,4022 has offered an average of 13.64% return per annum in house price rises to property investors over the last three years.
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Commercialisation squeezes vacancies
Median unit price: $324,500
Vacancy rate: 1.48%
Three-year growth: 13.9%
Situated in the Moreton Bay area west of the Redcliffe peninsula, the suburb of Rothwell reported a significant uptick in interest over the past 12 months.
The average vacancy rate plummeted almost a full 1% from 2.37% to just 1.48%, and a slight growth in apartment values is beginning to reflect the heightened demand. This may be attributed in part to the high average returns of 5.4% that investors can reap.
Anzac Avenue runs through this suburb, making it quite accessible. Rothwell is served by its own railway station, and Redcliffe Airport is located here as well. While primarily residential, Rothwell is quickly developing its commercial area, as highlighted by the presence of the shopping centre The Zone. In addition, Grace Lutheran College and Mueller College have been established here.