Thinking about buying in The Rocks? Now could not be a better time, with just 47 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,722,000 with prices in this suburb ranging from $434,000 to $2,045,000. The aproximate distance to the coast is 161 Km.
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In The Rocks there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in The Rocks is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in The Rocks changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in The Rocks the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
WILLOW PINE, 1790 MITCHELL HWY, THE ROCKS, NSW, 2795 | 5 | 2 | 4 | Forthcoming Auction 6/10/23 |
None within suburb boundary
(While the above schools are located with the suburb of The Rocks there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
02-04-2024 | $1,030,000 | 1790 MITCHELL HWY |
09-12-2021 | $2,450,000 | 1503 MITCHELL HWY |
18-05-2021 | $1,137,500 | 433 BACK SWAMP RD |
23-12-2020 | $850,000 | 1593 MITCHELL HWY |
26-11-2020 | $625,000 | 1593 MITCHELL HWY |
28-09-2020 | $1,035,000 | 29 HOUSES LANE |
04-09-2020 | $820,000 | 1595 MITCHELL HWY |
23-12-2019 | $35,000 | 1318 MITCHELL HWY |
30-04-2019 | $1,050,000 | 1503 MITCHELL HWY |
24-02-2017 | $3,025,000 | 348 BACK SWAMP RD |
01-12-2015 | $470,000 | 1821 MITCHELL HWY |
03-10-2014 | $680,000 | 1322 MITCHELL HWY |
10-12-2013 | $530,000 | 1831 MITCHELL HWY |
11-06-2013 | $490,000 | 1790 MITCHELL HWY |
22-11-2012 | $400,000 | 1591 MITCHELL HWY |
12-12-2011 | $710,000 | 29 HOUSES LANE |
12-12-2011 | $40,000 | 1318 MITCHELL HWY |
18-05-2010 | $680,000 | 1503 MITCHELL HWY |
28-10-2008 | $399,000 | 456 BACK SWAMP RD |
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