Suburb Profile Report for Rochedale South QLD (4123)

Rochedale South House: Median price $513,450, Annual capital growth 2.90%, Number of sales 203, Weekly median advertised rent $428

Rochedale South Unit: Median price $273,500, Annual capital growth -0.03%, Number of sales 18, Weekly median advertised rent $325

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • 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 -0.78%

The five-year average increase in median property values for Rochedale South,4123 has given property investors a potential capital gain of 19.82% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Rochedale South itself are offering an average vendor discount of -5.99% to real estate investors.

Renters in Suburb are facing rents around $22230 per annum or $427.5 every week.

QLD has seen average median house prices change by -0.57% which means that Rochedale South, 4123 has not done well for property investors by showing a capital gain of -8.83% over the last year

Rochedale South,4123 was ranked 1297 in Australia by increase in median property value over the quarter.

The QLD suburb of Rochedale South, 4123 is in the Logan (C) local government area.

Metrics i HOUSE UNIT
$513,450 $273,500
-0.30% -4.87%
-0.78% -8.83%
2.90% -0.03%
$428 $325
203 18
4.33% 6.18%
50.2569832402235 93.6428571428571

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (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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