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North Rocks
AREA REPORTS

North Rocks

North Rocks - 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 $1,697,500.

The upward trend in home prices in NORTH ROCKS, 2151 averaged 14.66% per annum over a 3-year period.

Average weekly rents on listings have reached the $600 mark, reflecting a 1.84% increase in returns based on the current median price in NORTH ROCKS.

An average of 10.25 real estate transactions take place per month in NORTH ROCKS which translates to 123 per annum.

123 properties were sold in NORTH ROCKS in 2016, making it the 1360th most active market in NSW based on total real estate transactions.

NORTH ROCKS, 2151 places 916th in Australia based on median property value growth during the quarter.

Data report can be found below

North Rocks
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,697,500 $685,500
GROWTH REPORT
Median Quarterly 4.46% -13.34%
Median 12 month 25.28% -8.6%
Median 3 years 43.98% -12.34%
Median 5 years 50.22% 0.44%
10 years average annual 9.84% 4.02%
Weekly media advert. rent $600 $480
Time on Market 37.1 days 60.3 days
Gross Rental Yield Percent 1.84% 3.64%
demographics (median values)*
Total Population
21306
Weekly Household Income
1709
Household Size
2.70
Age
37
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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