Rochedale

POSTAL CODE: QLD, 4123
HOUSE

Property investors have seen a 1.69% gain in ROCHEDALE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains ROCHEDALE, 4123 saw average growth in the long term.

The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,800,000

Profits averaged 4.67% per annum over a 3-year period, due to an upward trend in home prices in ROCHEDALE, 4123.

This means, real estate investors could earn a rental income of $1050 based on current median home prices for the suburb.

The gross rental yield in ROCHEDALE, 4123 is 3.03%.

An average of 11.42 real estate transactions take place per month in ROCHEDALE which translates to 137 per annum.

Surburb overview

Rochedale is an outer southern suburb located approximately 17 kilometres south-east of Brisbane's central business district. 

According to the 2021 census, Rochedale had 7,633 residents. The suburb has experienced significant growth, with the population increasing from 1,091 in 2011 to 3,171 in 2016, a 190.7% increase. The predominant age group in Rochedale is 30-39, and households primarily comprise couples with children. 

Public transportation in Rochedale includes regular bus services connecting the suburb to Brisbane's central business district and surrounding areas. The suburb's proximity to major roads, such as the Pacific Motorway and Gateway Motorway, facilitates convenient car travel. 

Essential establishments in Rochedale encompass several educational institutions. Rochedale State School is a government primary (Prep-6) school at 694 Rochedale Road. In 2018, the school had an enrolment of 981 students. St Peter's Primary School is a Catholic primary (Prep-6) school at 955 Rochedale Road, with an enrolment of 464 students in 2018. Redeemer Lutheran College is a private primary and secondary (Prep-12) school at 745 Rochedale Road, with 994 students enrolled in 2018. Rochedale State High School is a government secondary (7-12) school at 249 Priestdale Road, with an enrolment of 1,371 students in 2018. 

The suburb's parks and green spaces support recreational activities, providing areas for outdoor activities and community gatherings. The suburb is also home to the Rochedale Rovers Football Club, which plays at Underwood Park in Priestdale. 

The property market in Rochedale has grown. The median house price is $1,650,000, based on 105 sales in the preceding 12 months. The rental yield for houses is $950 per week, based on 181 listings in the preceding 12 months. 

Rochedale offers a blend of residential convenience, essential services, and recreational opportunities, contributing to its appeal as a suburb in Brisbane. 

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