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Property investors enjoyed capital gains of 9.39% over the last 12 months in ROCKBANK, translating to lower returns compared with its peers in VIC.
This number can mean, real estate investors could earn a rental income of $372.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $372.5 mark, reflecting a 3.87% increase in returns based on the current median price in ROCKBANK.
ROCKBANK, 3335 ranks 213th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 209th on the list of best yielding suburbs for rental properties in VIC, posting a 3.87% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.39%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||9.09%||N/A|
|Weekly media advert. rent||$372.5||N/A|
|Time on Market||44.5 days||N/A|
|Gross Rental Yield Percent||3.87%||N/A|
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