Seventeen Mile Rocks

POSTAL CODE: QLD, 4073

HOUSE

SEVENTEEN MILE ROCKS ranks 256th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 9.17% for the past year is lower than average compared to its 89.96% growth within a five-year period.

Also in SEVENTEEN MILE ROCKS, the median home price is sitting at $1,315,500, and the average rent at $720, this suggests property owners could potentially earn a 2.85% increase in gross rental yield.

Property investors have seen a -5.02% drop in SEVENTEEN MILE ROCKS based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.49% growth over a ten-year period. It ranks 871st on our list of suburbs that property investors should look into.

Surburb overview

Seventeen Mile Rocks, QLD 4073, is a leafy suburb 12 kilometres southwest of Brisbane's central business district. Known for its family-friendly environment and scenic surroundings, the suburb is home to 2,699 people as of the most recent census. The predominant age group in Seventeen Mile Rocks is 40-49, and the area is popular among professionals, families, and retirees.

The suburb offers a mix of older and modern homes, with a median house price of approximately $1,112,500. The rental market is also strong, with a median rent of $700 per week and a rental yield of 3.55% for houses and 4.86% for units, indicating good investment potential.

Seventeen Mile Rocks is well connected to Brisbane via the Centenary Highway, making it an ideal location for commuters. The area features many recreational amenities, including parks, playgrounds, and walking trails, such as the Rocks Riverside Park and the famous Edenbrooke Estate, which are great for outdoor activities.

The suburb is also known for its community spirit, with residents often participating in local clean-up and beautification activities. Seventeen Mile Rocks provides a safe and peaceful environment, making it a desirable location for those seeking a balanced suburban lifestyle close to the city.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,315,500	N/A
Growth Report
Median Quarterly	-5.02%	N/A
Median 12 month	9.17%	N/A
Median 3 years	49.49%	N/A
Median 5 years	89.96%	N/A
10 years average annual	8.49%	N/A
Weekly media advert. rent	$720	N/A
Time on Market	28.2 days	N/A
Gross Rental Yield Percent	2.85%	N/A

Demographics (Median Values)*

Total Population 2900

Weekly Household Income 1615

Household Size 2.90

Average Age 32

Monthly Loan Repayment 1495

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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