The suburb’s capital gain of 1.27% for the past year is higher than average compared to its -7.69% growth within a five-year period.
Also in WEST ROCKHAMPTON, the median home price is sitting at $240,000, and the average rent at $260, this suggests property owners could potentially earn a 5.63% increase in gross rental yield.
Property investors have seen a -1.38% drop in WEST ROCKHAMPTON based on a decrease 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 0.36% growth over a ten-year period. It ranks 3838th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $240,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.38% | N/A |
| Median 12 month | 1.27% | N/A |
| Median 3 years | -6.25% | N/A |
| Median 5 years | -7.69% | N/A |
| 10 years average annual | 0.36% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 117.0 days | N/A |
| Gross Rental Yield Percent | 5.63% | N/A |
There is a threshold for the land value...
Hi Ho Ping
Thank you for your comments....
You are perhaps one of the few comment...