Australia Heads Towards An Apartment Drought
The Property Council is predicting an apartment supply crunch across some of the country’s largest housing markets, wh...
Property investors have seen a -5.62% drop in ROCKLEA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ROCKLEA, 4106 saw average growth in the long term.
The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $420,000
Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in ROCKLEA, 4106.
This means, real estate investors could earn a rental income of $375 based on current median home prices for the suburb.
The gross rental yield in ROCKLEA, 4106 is 4.64%.
An average of 1.92 real estate transactions take place per month in ROCKLEA which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.44%||N/A|
|Median 3 years||0%||N/A|
|Median 5 years||9.09%||N/A|
|10 years average annual||3.15%||N/A|
|Weekly media advert. rent||$375||N/A|
|Time on Market||83.5 days||N/A|
|Gross Rental Yield Percent||4.64%||N/A|