Rockingham suburb profile
Rockingham is a picturesque coastal suburb located approximately 47km south of Perth, Western Australia. Known for its stunning beaches and relaxed seaside atmosphere, Rockingham is a popular destination for both residents and visitors. The suburb offers a variety of recreational activities, including swimming, snorkeling, and boating, particularly around the Shoalwater Islands Marine Park. Rockingham's vibrant community is supported by a range of amenities, including shopping centers, schools, and dining options. With its blend of natural beauty and modern conveniences, Rockingham provides an appealing lifestyle for families, retirees, and anyone seeking a coastal retreat.
Rockingham property market performance
Rockingham's property market has experienced significant growth over the past 12 months, with house values soaring by 25.7% and unit values increasing by 20.1%. The median house price has reached $695,000, while units have averaged $470,000, indicating strong demand across both property types.
Sales activity has been robust, with 85 houses and 55 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 11 days on the market and units 14 days, reflecting a competitive market environment.
The rental market in Rockingham has also seen substantial increases, with house rents rising by 16.0% and unit rents by 15.6% over the last year, highlighting strong demand for rental properties in the area.
Median price - houses$668KPast 3 months
Median price - units$472KPast 3 months
Change in value - houses27.5%12 months
Change in value - units18.1%12 months
Houses sold79Past 3 months
Units sold57Past 3 months
Median DOM - houses12Past 12 months
Median DOM - units13Past 12 months
Average rent - houses$580Past 12 months
Average rent - units$530Past 12 months
Change in rent - houses11.5%Past 12 months
Change in rent - units17.8%Past 12 months
Rockingham demographics
Rockingham, located in Western Australia, is a coastal suburb known for its beautiful beaches and relaxed lifestyle. With a population of 15,312, it offers a serene environment that attracts both families and retirees. The median age of 49 indicates a mature community, with many residents enjoying the suburb's natural beauty and slower pace of life. Rockingham's proximity to the coast makes it a popular destination for those seeking a seaside lifestyle, with plenty of opportunities for water-based activities and outdoor recreation.
The suburb's housing market is diverse, with a significant portion of properties owned outright (34.8%), reflecting a stable community with long-term residents. Additionally, 27.1% of properties are owned with a mortgage, while 38.2% are rented, indicating a mix of stability and flexibility for those looking to settle in the area. The presence of couple families without children (49.0%) and one-parent families (18.8%) highlights the suburb's appeal to a variety of family structures.
Rockingham's median total household income of $1,169 per week suggests a modest yet comfortable living standard, suitable for those seeking affordability without sacrificing quality of life. The suburb's community-oriented atmosphere, combined with its scenic coastal setting, makes it an attractive option for individuals and families looking to enjoy a peaceful and fulfilling lifestyle away from the hustle and bustle of city life.
Rockingham infrastructure, key developments and investment opportunities
Rockingham is experiencing significant developments that could impact its property market. The Rockingham Foreshore redevelopment is enhancing the area's appeal with new parks, jetties, and oceanfront dining options, potentially boosting property values in the vicinity. Additionally, the expansion of the Murdoch University Rockingham campus is attracting more students and staff to the area, which may increase demand for rental properties.
Infrastructure improvements include the proposed Rockingham Light Rail service, which aims to connect the railway station with the city center and foreshore, potentially improving accessibility and property desirability along the route. The ongoing development of the Rockingham Strategic Metropolitan Centre is also set to create more local job opportunities and amenities. These projects, combined with Rockingham's coastal lifestyle and proximity to Perth, are likely to sustain strong interest in the local property market.
Rockingham rental market trends
The rental market in Rockingham is experiencing robust growth, with house rents increasing 16.0% over the past year to $580 per week, while unit rents have risen 15.6% to $520 per week. This coastal suburb continues to attract renters and investors alike, offering a blend of lifestyle and investment potential with its appealing amenities and proximity to Perth.
Suburbs near Rockingham
Some popular suburbs near Rockingham include: