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AREA REPORTS

Rochedale South

Rochedale South - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4123

house
unit

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

The 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 $542,250.

The upward trend in home prices in ROCHEDALE SOUTH, 4123 averaged 1.93% per annum over a 3-year period.

Average weekly rents on listings have reached the $420 mark, reflecting a 4.03% increase in returns based on the current median price in ROCHEDALE SOUTH.

An average of 17.67 real estate transactions take place per month in ROCHEDALE SOUTH which translates to 212 per annum.

212 properties were sold in ROCHEDALE SOUTH in 2016, making it the 556th most active market in QLD based on total real estate transactions.

ROCHEDALE SOUTH, 4123 places 414th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $542,250 $290,000
GROWTH REPORT
Median Quarterly 2.31% -3.33%
Median 12 month 5.29% 1.75%
Median 3 years 5.8% 2.11%
Median 5 years 17.88% 3.57%
10 years average annual 2.79% 0.2%
Weekly media advert. rent $420 $315
Time on Market 46.3 days 92.0 days
Gross Rental Yield Percent 4.03% 5.65%
demographics (median values)
Total Population
14929
Weekly Household Income
1138
Household Size
2.70
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