Property investors who have had real estate in West Rockhampton, 4700 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.98%
Taking the average capital gain, or increase in median house value, West Rockhampton,4700 has racked up an average of -8.98% over the period. This ranks it number 3804th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in West Rockhampton 4700 should be seeing an average reduction in asking price of around -10.92% . This means that West Rockhampton is holding prices well when compared to other suburbs in QLD.
With the median price for a house in West Rockhampton being $220000 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 6.26%