Suburb Profile Report for Rockville QLD (4350)

Rockville House: Median price $265,000, Annual capital growth 0.80%, Number of sales 38, Weekly median advertised rent $300

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Property value increases in Rockville have tracked lower than the QLD average of 0.38% over the last 12 months.

Rockville,4350 was ranked 2243 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Rockville are currently offering property investors an average price cut of -7.24% below the asking price at the moment.

Residents and property investors in Rockville have been waiting around 115.406 days to sell a property.

Advertised rents are around the $300 mark per week – giving a return of 5.89% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$265,000	N/A
Quarterly growth	0.00%	N/A
12-month growth	-5.36%	N/A
Average Annual Growth	0.80%	N/A
Weekly median advertised rent	$300	N/A
Number of sales	38	N/A
Gross rental yield	5.89%	N/A
Days on market	115.40625	N/A

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