This number can mean, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.
On average, rents on listings have reached the $365 mark, reflecting a 5.4% increase in returns based on the current median price in ROCKBANK.
While it ranks 70th on the list of best yielding suburbs for rental properties in VIC, posting a 5.4% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||24.34%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||14.78%||N/A|
|Weekly media advert. rent||$365||N/A|
|Time on Market||91.3 days||N/A|
|Gross Rental Yield Percent||5.4%||N/A|