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Homeowners and real estate investors betting on THE ROCKS, 2000 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 39.12%.
A steady increase in median property prices over a five-year period in THE ROCKS, 2000 translates to a 37.5% capital gain.
Property investors enjoyed capital gains of 39.12% over the last 12 months in THE ROCKS, translating to lower returns compared with its peers in NSW.
THE ROCKS, 2000 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,365,000.
Profits due to an upward trend in home prices in THE ROCKS, 2000 averaged 12.5% per annum over a 3-year period.
Home owners selling their properties and realtors in THE ROCKS usually have to wait an average of 0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $800 mark, reflecting a 1.76% increase in returns based on the current median price in THE ROCKS.
THE ROCKS, 2000 places 168th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||39.12%|
|Median 3 years||N/A||37.5%|
|Median 5 years||N/A||12.62%|
|10 years average annual||N/A||12.58%|
|Weekly media advert. rent||N/A||$800|
|Time on Market||N/A||N/A|
|Gross Rental Yield Percent||N/A||1.76%|