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Rocklea

POSTAL CODE: QLD, 4106
HOUSE

Property investors have seen a 0.94% gain in ROCKLEA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ROCKLEA, 4106 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 15%.

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 $805,000

Profits averaged 17% 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 $555 based on current median home prices for the suburb.

The gross rental yield in ROCKLEA, 4106 is 3.59%.

An average of 2.58 real estate transactions take place per month in ROCKLEA which translates to 31 per annum.

Surburb overview

Rocklea is a predominantly industrial suburb located approximately 9 kilometres south of Brisbane's central business district (CBD). Its name derives from the Rocky Waterholes in the area. 

According to the 2021 census, Rocklea had a population of 1,672, with a median age of 33. Households in Rocklea typically comprise couples with children, and separate houses are typical. 

Rocklea is serviced by the Rocklea railway station on the Beenleigh line, providing residents access to Brisbane's CBD and surrounding areas. Additionally, several bus routes operate through the suburb, enhancing local connectivity. 

The suburb is home to the Brisbane Markets, Queensland's most significant wholesale fresh fruit and vegetable market. It operates daily and is an essential hub for fresh produce. Rocklea also features various parks and recreational facilities, contributing to the community's lifestyle. 

Residents can enjoy outdoor activities at local parks, including dog parks and walking trails. The proximity to the Brisbane Markets offers opportunities for fresh produce shopping and weekend market experiences. 

As of recent reports, the median house price in Rocklea is approximately $683,250, with a 12-month growth of 30.5%. Rental yields for houses are around 4.57%, with a median rent of $550 per week. 

Rocklea's unique combination of industrial significance, residential areas, and proximity to Brisbane's CBD makes it a unique suburb with various opportunities for residents and investors. 

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