AREA REPORTS

North Rocks

Suburb Profile

North Rocks - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2151

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also 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 $1,220,000.

The upward trend in home prices in NORTH ROCKS, 2151 averaged 3.64% per annum over a 3-year period.

Average weekly rents on listings have reached the $600 mark, reflecting a 2.56% increase in returns based on the current median price in NORTH ROCKS.

An average of 6.67 real estate transactions take place per month in NORTH ROCKS which translates to 80 per annum.

80 properties were sold in NORTH ROCKS in 2016, making it the 109th most active market in NSW based on total real estate transactions.

NORTH ROCKS, 2151 places 1134th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,220,000 $650,000
GROWTH REPORT
Median Quarterly -4.5% 0.01%
Median 12 month -6.15% -22.48%
Median 3 years 10.91% -0.76%
Median 5 years 75.54% 16.07%
10 years average annual 8.37% 4.21%
Weekly media advert. rent $600 $550
Time on Market 56.0 days 0.0 days
Gross Rental Yield Percent 2.56% 4.4%
demographics (median values)
Total Population
7231
Weekly Household Income
1610
Household Size
2.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Pet dog

Queensland pet reform proposals cop criticism

The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...

Electronic tenancy agreement

New laws pass for signing residential property agreements

New legislation has passed in NSW parliament that allows for residential agreements to be signed and witnessed electronically, but there...

Property for sale

75% of property sold at below asking price last quarter

More than 75 per cent of properties that sold over the three months to October were less than their original purchase price, new data reveal...

property hotspots

‘Era of property hotspots’ has ended, says economist

While the Australian property market remains far from a cataclysmic fall, economist Dr Andrew Wilson believes that fundamental changes will ...

BLOG: Make sure your property manager isn’t taking you for a ride

We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...

Gavel

Property spruiker hit with record $18 million fine

The Federal Court has imposed a record penalty against a property spruiker and his firm for false or misleading representations about how pe...