What the NSW election result means for property investors
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
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 Price | $500,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| 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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