Rental Insights
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Source: stashproperty.com.au
Development Stats
2023
76
231
About the Property
“Be prepared to fall in love!”
This absolutely stunning home is a must see, it has been beautifully renovated throughout and oozes charm! Situated on a large 683sqm block in the heart of Rockingham close to all amenities you’ll find this 4 bedroom, 2 bathroom home with side access to a large colourbond workshop. This home certainly has the WOW factor.
Features you will love:
– 4 Bedrooms
– 2 Bathrooms
– Single carport
– Open plan kitchen, meals and family room
– Brand new kitchen with ceramic cooktop, fridge recess, dishwasher and island bench/breakfast bar
– Separate toilet
– Split system aircon
– Woodfire
– Enclosed sunroom entertaining
– Alfresco
– Large grassed backyard
– Side access to large workshop
– Garden shed
– Across the park
Information you’ll need:
– Approx 683sqm land
– Approx 151sqm building area
– Built in 1980
– Water rates: approx $1,115.89 p/a
From the homely.com.au listing
Source: stashproperty.com.au
About the Suburb
Rockingham, WA 6168 is a suburb with a population of approximately 15,312 people. The suburb has a diverse age group, with a significant number of residents between the ages of 20 to 24 years and 45 to 64 years. The median household income in Rockingham is $1,169 per week. The suburb offers a range of occupations, with the top three being technicians and tradeworkers, professionals, and community and personal service workers. Commuting in Rockingham primarily involves motor vehicles, with a significant number of residents working from home. The suburb has good access to public transportation, including trains and buses.
Rockingham offers investment opportunities for both houses and units. The median house price is $505,500, with an average annual growth rate of 8.7%. The median rental price for houses is $500 per week, providing a rental yield of 5.2%. The suburb has a high owner-occupier ratio of 51.2%, indicating a stable residential market. The market absorption rate is 14.2%, suggesting a balanced market for buyers and sellers. The vacancy rate is only 0.4%, indicating a high demand for rental properties. With an online search interest of 2558, there is significant buyer demand in the suburb. Additionally, Rockingham has a high room demand-supply ratio, making it attractive for property investors.
Rockingham, WA 6168 is a suburb with a diverse population and a range of occupations. The suburb offers a good mix of housing options, with both houses and units available for investment. Rockingham has a stable residential market, with a high owner-occupier ratio. The rental market is also strong, with a low vacancy rate and high rental demand. The suburb’s proximity to public transportation, including trains and buses, makes it convenient for commuters. With an average annual growth rate of 8.7% and a market absorption rate of 14.2%, Rockingham presents investment opportunities for both homebuyers and property developers.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
