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Rokewood, VIC 3330

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$420,000

list-price estimate

Median Unit

$245,000

Gross Yield (houses)

3.2%

1yr Growth

-

Investment snapshot for Rokewood

Rokewood has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Rokewood market and investor summary

In Rokewood, VIC 3330, houses show a gross rental yield of 3.2%. At 5.2% vacancy, it is a softer rental market with more choice for tenants.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.2% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 5.2% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 66 days on market, so plan for a slower exit if you ever need one.

Living in Rokewood: people, income and schools

Rokewood is home to around 208 people, and the area has been growing steadily, up about 15% over five years. At a median age of 41, it reads as skewed a little older, and 84% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $67,000 a year (about $1,290 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Incomes have risen about 32% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
208
+15% over 5yr
Median age
41 years
Median household income
$67,000/yr
Households renting
9%
Family households
65%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
1
avg ICSEA 963
Unemployment
3.1%
Walk score
1/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Rokewood

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Frequently asked questions about Rokewood

What should I check before investing in Rokewood?

Rokewood has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Rokewood?

The median property price in Rokewood, VIC 3330 is $245K for units.

What rental yield does Rokewood show?

The gross rental yield in Rokewood is 3.2% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Rokewood?

The current vacancy rate in Rokewood is 5.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Rokewood?

Rokewood has a population of approximately 208 residents, with a median age of 41.

What schools are near Rokewood?

There are 1 school within roughly 5km of Rokewood. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Rokewood's population growing?

The population of Rokewood has grown about 15% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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