Rockingham WA Property Investment

Rockingham · 6168 · Score: 54/100 · Hold

Median House Price
$855K
Rental Yield
4.0%
Vacancy Rate
1.0%
Median Weekly Rent
$650/wk
Median Unit Price
$650K
Population
15,312
Days on Market
35 days
Annual Growth
15.2%

Rockingham Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$217/night
Occupancy Rate
37.4%
Est. Annual Revenue
$29K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Rockingham WA Investment Brief

HOLD — 4.0% gross yield on a $855,000 median.

THE MARKET

Rockingham has compounded at 1.3%/yr over 5 years — a house that cost $801,528 in 2021 is worth $855,000 today. Properties are sitting on market for 35 days (roughly balanced conditions). At the same growth rate, today's median reaches $912,039 by 2031.

  • Median house: $855,000 | Units: $649,896
  • Gross yield: 4.0% | Net yield: 2.5%
  • 5yr price CAGR: 1.3%/yr | 3yr forecast: 13.5%/yr
  • Population: 15,312 | Owner-occupier rate: 64% | Affluence: Below Average
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.0% (improving) | Rental demand: Very High
  • Median weekly rent: $650/wk | Days on market: 35 (stable)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $217/night | Occupancy: 37%
  • Estimated annual STR gross: ~$29,578/yr
  • vs long-term rent: $33,800/yr (comparable — LTR offers simpler management)

INFRASTRUCTURE & CATALYSTS

  • Rockingham Foreshore Redevelopment (under_construction)
  • Safety Bay Road Upgrade (completed)
  • Rockingham Health Campus Expansion (approved)
  • Transport: Rockingham station 2.8km away

BULL CASE

If Rockingham maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $983,250 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Rockingham pull back 10-15% from $855,000, with vacancy rising to 1.8% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Mandurah (WA): $680,000 median, 4.3% yield, 16.5% 1yr growth
  • Gosnells (WA): $752,000 median, 4.5% yield, 12.5% 1yr growth
  • Balga (WA): $775,000 median, 4.8% yield, 14.1% 1yr growth

THE PLAY

Rockingham offers balanced fundamentals but does not present an urgent buying signal. The market is in a recovery phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.5%.

  • Entry range: $769,500 – $940,500
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals4.0/10
▲Low socioeconomic base — classic gentrification precondition
▲Active development pipeline (5504 approvals) — supply attracting new residents
▲Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
1.8%
p.a.
2yr Forecast
1.7%
p.a.
5yr Forecast
1.5%
p.a.

Basis: 5yr CAGR 1.3% + 10yr CAGR 2.6%

Growth drivers
  • +Very tight rental market (vacancy 1.0%) — upward price pressure
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • −High supply pipeline (5504 new approvals) — may cap price growth

Suburb Metric Thresholds

4 green4 yellow8 red
Rental Vacancy Rate
1 high impact
Days on Market
35 high impact
Weekly Rent (house)
650 medium impact
5yr Price CAGR
1.33 high impact
10yr Price CAGR
2.61 high impact
1yr Price Growth
15.21 medium impact
Population Growth
0.73 high impact
Median Household Income
1176 medium impact
Unemployment Rate
8.6 medium impact
Public Transport Score
42 medium impact
School Zone Quality
6.1 medium impact
Distance to CBD
38.29 medium impact
SEIFA Advantage/Disadvantage
2 medium impact
Owner Occupier Rate
63.8 medium impact
Gross Rental Yield (%)
3.95 high impact
Net Rental Yield (%)
2.45 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-06

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

572

2020

1,182

2021

928

2022

1,073

2023

1,749

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 6168

Most disadvantagedLeast disadvantaged

Decile 2 of 10 — High disadvantage

Population

24,913

Education (IEO)

1/10

Econ. Resources (IER)

2/10

10-Year Investment Projection

Modelled on Rockingham WA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $650/wk median rent for Rockingham. Capital growth and rent increase are editable assumptions.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.