Park Avenue tipped as Rockhampton’s next property powerhouse

It combines expert insights from trusted property investors and real estate networks with detailed data analysis to highlight under-the-radar opportunities for investors.

Unlike traditional reports, the FAST 50 focuses on future potential rather than past performance, offering investors a clear starting point for their research and due diligence.

Located within the Rockhampton region, Park Avenue is a well-established suburb that offers a balance of suburban charm and urban convenience.

Known for its mix of classic Queenslander-style homes and modern developments, the area caters to a wide range of buyers, investors, and renters.

Popular with young families, retirees, and working professionals, Park Avenue is close to local schools, shopping centres, and green spaces, making it a practical and appealing place to live in.

Rockhampton’s role as a regional hub supports stable employment in key sectors such as agriculture, education, and health, adding to the suburb’s long-term appeal.

With a strong sense of community, consistent rental demand, and ongoing infrastructure improvements, Park Avenue continues to attract both residents and investors seeking growth potential and livability.

Park Avenue’s median dwelling price has reached $430,000, recording a 29.10 per cent growth increase over the last 12 months.

For investors, the suburb rental market remains attractive, recording a 5.8 gross rental yield, reaching $480 per week.

Additionally, Park Avenue is undergoing both commercial and residential development, with new infrastructure, retail, and housing projects signalling strong investor confidence and preparation for future growth.

As Rockhampton continues to expand, Park Avenue is well-positioned to benefit from ongoing infrastructure developments and economic advancements, making it a promising suburb for sustained growth.

Check all the suburbs in the FAST 50 report here.

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