Rockhampton City

POSTAL CODE: QLD, 4700

HOUSE

UNIT

Property investments in ROCKHAMPTON CITY fare well against the rest of the country last year, registering a median home price increase of 7.09%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ROCKHAMPTON CITY, 4700 saw average growth in the long term.

Real estate investors could earn a rental income of $485 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 37.3 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $385,000.

ROCKHAMPTON CITY ranks 26th on the list of best yielding suburbs for rental properties in QLD, posting a 6.55% return.

ROCKHAMPTON CITY, 4700 ranks 89th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 30.82% for property investors last year.

Based on its average 5-year and quarterly capital gains ROCKHAMPTON CITY, 4700 saw average growth in the long term.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in ROCKHAMPTON CITY, 4700 averaged 0.88% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 4.65% increase in returns based on the current median price in ROCKHAMPTON CITY.

An average of 2.83 real estate transactions take place per month in ROCKHAMPTON CITY which translates to 34 per annum.

34 properties were sold in ROCKHAMPTON CITY during the past year, making it the 153rd most active market in QLD based on total real estate transactions.

ROCKHAMPTON CITY, 4700 places 185th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$385,000	$503,000
Growth Report
Median Quarterly	1.32%	3.71%
Median 12 month	7.09%	30.82%
Median 3 years	71.11%	2.65%
Median 5 years	146.79%	30.99%
10 years average annual	8.24%	2.98%
Weekly media advert. rent	$485	$450
Time on Market	37.3 days	53.1 days
Gross Rental Yield Percent	6.55%	4.65%

Demographics (Median Values)*

Total Population 2262

Weekly Household Income 642

Household Size 2.10

Average Age 37

Monthly Loan Repayment 845

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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