Investment property in Rockingham 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 -0.75%
A -15.76% growth in median value for property investors in Rockingham,6168 puts this suburb at number 240th in terms of best performing suburbs in WA
The most recent median price for Rockingham is $362250, with sellers offering an average of -8.21% off the asking price.
Often selling an investment property can take time, and in Rockingham the average time real estate has been on the market is 92.4919 days.
If you compare the increase in value of investment property in Rockingham, 6168 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was -4.00%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rockingham has fallen somewhat when compared to the 5 year average annual rate.
The most recent median price for Rockingham is $240000, with sellers offering an average of -9.07% off the asking price.
Situated 38.39km from the CBD, Rockingham is one of Rockingham (C) localities in the postcode 6168.
Information supplied by:
(08) 9527 5055
0414 322 622
Selling points: We are in a fortunate place that offers so much, eg we are positioned alongside the ocean (sea side suburb) with many tourist attractions. The other main selling point is the relaxed lifestyle we offer as we have the ocean café strips and the best beaches that face north. The property pricing stems from low $200,000 to multimillion dollar.
Most sought after properties: We have a great range of three bedroom properties around the $300 to $350,000 mark and new properties in the Baldivis area that are four bed, two bathroom. This suburb is a new area with approximately 3,000 homes and the potential for 11,000 plus over the next few years and it is still only 15 minutes to the ocean.
Most common properties: In Rockingham many homes are 25 years old, however some are at the stage they could be replace with new or renovated. The Baldivis area however is all new and the oldest home may be only seven or so years old.
Top amenities: As above. However, the schooling and University plus the TAFE College are of good quality.
Local industry and business: We have in the adjoining suburb an industrial area that has BHP and various mining suppliers, manufacturers, eg steel boiler making, etc. This is a strong draw card for trades and labour forces. The rentals are strong in these areas and hence many big real estate offices manage large rent rolls.
Recent changes: The area now has various multi-storey high rise apartments overlooking the bay/ocean.
Best streets: Hard question and one that would conflict with many of our clients that we currently have listed, however I believe the ocean front, or closer to the ocean areas are in strong demand. The price is higher though, as you can imagine.
Public transport: Excellent as we have trains to the city and a free shuttle bus to the major points of interest, such as the ocean front and major shopping centre.