WA has seen average median house prices change by -1.78% which means that Rockingham, 6168 has not done well for property investors by showing a capital gain of -2.41% over the last year
Rockingham,6168 has offered an average of -2.41% return per annum in house price rises to property investors over the last three years.
At number 140th of WA’s most discounted properties, Rockingham is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Rockingham have been waiting around 99.3231 days to sell a property.
Property investors should expect to get $325 weekly from the median priced house in this suburb.
Rockingham is in the bottom 20% in WA when comparing median price capital growth over the last year. Rockingham gave property investors a dismal capital gain figure when compared to the rest of the state, with -17.98%.
Rockingham,6168 was ranked 1331 in Australia by increase in median property value over the quarter.
Rockingham6168 is located in WA which offers an average discount of -8.80% to property investors. Rockingham itself is showing figures that indicate -8.31% is the average achievable by property buyers investing in the suburb.
At number 1169 in a list of fastest selling suburbs, Rockingham is in the bottom 20% of suburbs in Australia with an average of days on market 106.115 for properties listed there.
Using the current median advertised rental of $282.5 and the average annual increase in value of a median property of 0.10%, investors should hope to achieve an overall return of 6.25%
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.