Rockhampton

Why Rockhampton?

Rockhampton’s appeal lies in its diverse and resilient economy, driven by key sectors like agriculture, mining services, energy, and healthcare, providing stable employment. It boasts steady population growth as a regional hub, attracting new residents seeking its affordable lifestyle. Significant infrastructure projects, including the Rockhampton Ring Road, further enhance connectivity and boost the region’s long-term economic prospects.

Investment Highlights:

Exceptional Capital Growth: Strong appreciation in house prices (e.g., over 40% YoY for Rockhampton City to May 2025) and solid unit growth.
High Rental Yields & Low Vacancy: Among QLD’s highest yields (e.g., houses 5.04%, units 5.06% as of May 2025) due to tight supply.
Outstanding Affordability: Significantly lower median prices offer accessible entry points compared to major Australian cities.
Stable Economic Drivers: Supported by robust industries like agriculture, mining services, and defence, ensuring consistent demand.

Approximate Costs:

House Median: Around $380,000 (for Rockhampton City as of May 2025; broader Rockhampton LGA around $495,000).
Unit Median: Approx. $422,500 (for Rockhampton City as of May 2025; broader Rockhampton LGA around $359,500).
Additional Costs: Factor in stamp duty (Queensland rates apply), legal fees, potential Lender’s Mortgage Insurance (LMI), and ongoing council rates/strata levies (for units).

Ideal For Who? Rockhampton is ideal for value-seeking investors prioritizing strong capital growth and high rental yields at an affordable price point. It suits those looking for portfolio diversification beyond capital cities and appeals to strategic buyers keen on robust regional economies driven by essential industries.