Suburb Profile Report for Rockville QLD (4350)

Rockville House: Median price $258,000, Annual capital growth 1.08%, Number of sales 39, Weekly median advertised rent $295

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Investment property in Rockville has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.26%

A -6.18% growth in median value for property investors in Rockville,4350 puts this suburb at number 130th in terms of best performing suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Rockville itself are offering an average vendor discount of -8.66% to real estate investors.

Using the current median advertised rental of $295 and the average annual increase in value of a median property of 1.08%, investors should hope to achieve an overall return of 5.95%

Metrics	HOUSE	UNIT
Median price	$258,000	N/A
Quarterly growth	3.20%	N/A
12-month growth	-10.26%	N/A
Average Annual Growth	1.08%	N/A
Weekly median advertised rent	$295	N/A
Number of sales	39	N/A
Gross rental yield	5.95%	N/A
Days on market	123.193548387097	N/A

Your estimated repayment
$998.20/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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

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Demographics

Total population	3263
Median household income ($/weekly)	889
Median age of persons	36
Median housing loan repayment ($/monthly)	1300
Average household size	2.5

Census	Count	Percent(%)
5-14 years	427	13.1
25-34 years	462	14.2
35-44 years	393	12.0
45-54 years	382	11.7
55-64 years	362	11.1
Others	1236	37.9

Age Group

Census	Count	Percent(%)
Not Married	1047	45.2
Registered Married	1002	43.2
Defacto Relationship	269	11.6

Social Marital Status

Census	Count	Percent(%)
Australia	2856	91.7
Papua New Guinea	61	2.0
Philippines	18	0.6
United Kingdom	59	1.9
Other	45	1.4
Others	75	2.4

Country of Birth

Census	Count	Percent(%)
Buddhism	24	0.8
Christianity	2384	80.1
Islam	11	0.4
Other Religious Groups	13	0.4
No Religion	536	18.0
Others	8	0.3

Religious Affiliation

Census	Count	Percent(%)
$400-$599	168	15.2
$600-$799	164	14.9
$800-$999	136	12.3
$1,000-$1,249	137	12.4
$1,500-$1,999	115	10.4
Others	383	34.7

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	1034	41.9
Employed, worked full-time	821	33.2
Employed, worked part-time	420	17.0
Unemployed, looking for work	99	4.0
Employed, away from work	96	3.9

Person Characteristics

Census	Count	Percent(%)
Professionals	156	11.6
Technicians & trades workers	228	17.0
Community & personal service workers	149	11.1
Clerical & administrative workers	167	12.5
Labourers	234	17.5
Others	406	30.3

Occupation

Census	Count	Percent(%)
Pre-school	36	5.5
Infants/Primary	282	43.5
Secondary	177	27.3
Technical or Further Educational Institution	60	9.2
University or other Tertiary Institutions	71	10.9
Others	23	3.5

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2685	89.3
Flat, unit or apartment	219	7.3
Semi-detached, row or terrace house, townhouse	102	3.4
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0