Rockwood was Canada’s 441th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Rockwood has a median home price of $494,990.
Ontario has the most amount of properties available to property investors, with Rockwood having 597th most in the province, out of a total of 1145.
As one of Ontario’s many potential real estate investment neighbourhoods, Rockwood needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
When we look at the data we have, it can help with trying to establish whether or not Rockwood is a good investment target.
If you are looking at investment properties in Rockwood, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.