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AREA REPORTS

Red Rock

NSW/
Red rock

Suburb Profile

Red Rock - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2456

house

RED ROCK, 2456 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling RED ROCK, 2456 values up and netting property investors a capital gain of 16.33% for the past year.

Investors saw the median home price rise to $520,000.

Profits due to an upward trend in home prices in the suburb averaged 15.91% per annum over a 3-year period.

RED ROCK now ranks at the 272nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in RED ROCK are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In RED ROCK, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 11 properties were sold in RED ROCK during the past year, making it the 1447th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $520,000 N/A
GROWTH REPORT
Median Quarterly 2.46% N/A
Median 12 month 16.33% N/A
Median 3 years 47.73% N/A
Median 5 years 48.57% N/A
10 years average annual 9.18% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
276
Weekly Household Income
523.5
Household Size
2.10
demographics
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