Investors eye Gracemere’s affordable prices and strong rental demand
With its blend of modern and older homes, strong rental, and steady growth, the Gracemere market is ideal for investors seeking affordable options close to key employment hubs, according to SPI’s FAST 50 report.
Gracemere is among the top suburbs listed in Smart Property Investment’s 2026 FAST 50 report for savvy investors.
The FAST 50 report is an annual publication by Smart Property Investment designed to identify 50 Australian suburbs with strong growth potential over the next 12 months.
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 about 9 kilometres west of Rockhampton, Gracemere is a growing satellite suburb known for its semi-rural charm and affordable housing.
Historically an agricultural hub, the suburb has expanded with new estates attracting young families, tradespeople, and workers from Rockhampton’s mining and agricultural sectors.
Gracemere’s property market offers a diverse range of modern and older homes, catering to both home buyers and investors seeking opportunities in the region, while its strategic location and community amenities make it a compelling choice for families.
The suburb is well-serviced with schools, local shopping centres, and parks, creating a balanced lifestyle for its residents.
Continued infrastructure development, such as the $1.9 billion Rockhampton Ring Road and the Capricorn Highway upgrade, designed to improve connectivity and reduce congestion, supports the area’s long-term growth.
Similarly, its proximity to key employment hubs in Rockhampton and the Gracemere Industrial Area expansion ensures steady home demand.
As housing demand grows, the suburb’s affordability and range of properties make it an appealing choice for many buyers, with Gracemere’s dwelling prices reaching a median price of $503,400.
Gracemere’s dwelling value also grew by 27.40 per cent over the last 12 months, and is forecast to grow further over the coming months.
The rental market has also been attractive, with the suburb recording a median rent of $500, representing a yield of 5.20 per cent, guaranteeing a good return on investment.
As Rockhampton expands, Gracemere is well-positioned to benefit from continued infrastructure upgrades and regional economic growth, making it a promising suburb for long-term investment potential.
Check all the suburbs in the FAST 50 report here.
More from this writer:
-
-
Investors lose big by cutting building inspection corners
-
What most investors get wrong – and how to avoid common traps
-
Why hanging onto your investment property could cost you thousands
-
Park Avenue tipped as Rockhampton’s next property powerhouse
-
Hobart’s coastal gem Kingston attracts investors with lifestyle appeal
-
From FOMO to COMO: Buyers forced to compromise or miss out