How rental and vacancy rates are performing in major capitals
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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 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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