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Property investors have seen a -1.54% 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 $415,000
Profits averaged 3.8% 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 $380 based on current median home prices for the suburb.
The gross rental yield in ROCKLEA, 4106 is 4.76%.
An average of 2.67 real estate transactions take place per month in ROCKLEA which translates to 32 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $415,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.54% | N/A |
| Median 12 month | 3.49% | N/A |
| Median 3 years | 11.41% | N/A |
| Median 5 years | 34.41% | N/A |
| 10 years average annual | 2.68% | N/A |
| Weekly media advert. rent | $380 | N/A |
| Time on Market | 59.4 days | N/A |
| Gross Rental Yield Percent | 4.76% | N/A |
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