WA has seen average median house prices change by -2.74% which means that Rockingham, 6168 has not done well for property investors by showing a capital gain of -3.49% over the last year
A -16.28% growth in median value for property investors in Rockingham,6168 puts this suburb at number 181th in terms of best performing suburbs in WA
LACK OF BUYER INTEREST may well be the reason that Rockingham is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 168th in terms of most discounted suburbs in WA
Often selling an investment property can take time, and in Rockingham the average time real estate has been on the market is 94.1967 days.
Rockingham is 169th on a list of best yielding suburbs for rents in WA with a 4.77% return
With a capital gain of 8.32% for the last 12 months, Rockingham, 6168 has performed for property investments than its average annual 0.94% property growth over the last 5 years.
A -14.57% growth in median value for property investors in Rockingham,6168 puts this suburb at number 77th in terms of best performing suburbs in WA
Vendor discounting in Rockingham is giving property investors an average Vendor Discount of around -9.58%. This puts suburb at number 32th in WA when ranking the most discounted suburbs.
Property investors should expect to get $290 weekly from the median priced house in this suburb.
Information supplied by:
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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.