Rocky Point Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Rocky Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Rocky Point are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Rocky Point 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. Medium density in Rocky Point necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Rocky Point we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Rocky Point a better buying opportunity than it may have been in the past.
Western Cape College(While the above schools are located with the suburb of Rocky Point there may also be nearby schools whose catchments cover this suburb)
Local Crime Stats
Average Local Climate by month
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source: Australian Government Bureau of Meteorology
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