VIC/
Rockbank

Suburb Profile

Rockbank - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3335

house

Property investors enjoyed capital gains of 45.61% over the last 12 months in ROCKBANK, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in ROCKBANK are low, as opposed to average gains per annum over the past five years.

The suburb posted a 68.6% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.

On average, rents on listings have reached the $440 mark, reflecting a 4.76% increase in returns based on the current median price in ROCKBANK.

ROCKBANK, 3335 ranks 2nd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 110th on the list of best yielding suburbs for rental properties in VIC, posting a 4.76% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $480,501 N/A
GROWTH REPORT
Median Quarterly 8.34% N/A
Median 12 month 45.61% N/A
Median 3 years 68.6% N/A
Median 5 years 82.01% N/A
10 years average annual 22.76% N/A
Weekly media advert. rent $440 N/A
Time on Market 46.5 days N/A
Gross Rental Yield Percent 4.76% N/A
demographics (median values)
Total Population
1335
Weekly Household Income
824.2
Household Size
2.70
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Rockbank, VIC
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