House prices see largest price drop for last 7 years
A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...
The suburb’s capital gain of -8.98% for the past year is lower than average compared to its -14.73% growth within a five-year period.
Also in WEST ROCKHAMPTON, the median home price is sitting at $220,000, and the average rent at $265, this suggests property owners could potentially earn a 6.26% increase in gross rental yield.
Property investors have seen a 0.46% gain in WEST ROCKHAMPTON based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -2.06% decrease over a ten-year period. It ranks 3914th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $220,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.46% | N/A |
| Median 12 month | -8.98% | N/A |
| Median 3 years | -14.06% | N/A |
| Median 5 years | -14.73% | N/A |
| 10 years average annual | -2.06% | N/A |
| Weekly media advert. rent | $265 | N/A |
| Time on Market | 175.8 days | N/A |
| Gross Rental Yield Percent | 6.26% | N/A |
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