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Two Rocks

POSTAL CODE: WA, 6037
HOUSE

Homeowners and real estate investors betting on TWO ROCKS, 6037 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 18.97%.

A steady increase in median property prices over a five-year period in the suburb translates to a 41.1% capital gain.

Property investors in TWO ROCKS enjoyed capital gains of 18.97% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $690,000.

Profits due to an upward trend in home prices there averaged 13.7% per annum over a 3-year period.

Home owners selling their properties and realtors in TWO ROCKS usually have to wait an average of 41.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $600 mark, reflecting a 4.52% increase in returns based on the current median price in TWO ROCKS.

TWO ROCKS, 6037 places 211th in Australia based on median property value growth during the quarter.

Surburb overview

Two Rocks is a coastal suburb located approximately 61 kilometres north-northwest of Perth's central business district, within the City of Wanneroo in Western Australia. Established in 1975, it covers an area of about 52 square kilometres and represents the northernmost extent of the Perth metropolitan region. 

As of the 2021 census, Two Rocks had a population of 2,990 residents, with a median age of 39. The community comprises a mix of families, professionals, and retirees, contributing to a diverse demographic profile. 

The suburb predominantly features separate houses, with an average home owned with a mortgage by couples with children. The median house price in Two Rocks is approximately $607,500, reflecting a 22.7% sales growth. Rental prices have also seen a 2.6% decline, with a median rental price of $555 per week. 

Two Rocks offers essential amenities, including a local shopping centre, a public library, and recreational facilities. The suburb is home to the Two Rocks Marina, providing opportunities for boating and fishing. A notable landmark is the large limestone sculpture of King Neptune, a remnant of the defunct Atlantis Marine Park, which operated between 1981 and 1990. The sculpture was heritage-listed by the Western Australian Heritage Council in 2006 and restored for public access in May 2015. 

Educational facilities within Two Rocks include Two Rocks Primary School, catering to students from kindergarten to year six, and Atlantis Beach Baptist College, a private institution offering education from pre-primary to year ten. 

Public transportation in Two Rocks includes the 490 Transperth bus route from Butler railway station. This route travels along Marmion Avenue and Yanchep Beach Road, facilitating access to Perth and surrounding areas. Swan Transit operates this service. 

Two Rocks' combination of coastal living, accessibility, and community amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

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