Question 1

Is Depot Hill a nice place to live?

Accepted Answer

Depot Hill is a compact riverside pocket of Rockhampton beside the Fitzroy River, with steep streets and an older streetscape of timber Queenslander cottages and modest mid-century homes, many on elevated blocks with river and city outlooks. It has a quietly lived-in, historic character and attracts people who value proximity to the city while living in a smaller residential area. Local life centres on nearby parkland, riverfront walks and straightforward road links into the CBD, with the practical imprint of nearby rail and river transport corridors.

The suburb is home to 995 people, with a median age of 37 and a median household income of $955 a week (about $49,660 a year). Its family mix is led by one-parent families (39.8%), and homes are mostly owner-occupied: about two-thirds are owned outright (35.2%) or with a mortgage (29.5%), while renters make up 35.2%. Local parks include Rosel Park and Lee Park and Bartlem Oval has a renewed playground. Depot Hill is included in a proposed South Rockhampton Flood Levee; the design has been lodged but a funding shortfall remains and the council continues to advocate for the project.

Question 2

Is it expensive to live in Depot Hill?

Accepted Answer

Renting a house in Depot Hill runs to $445 a week, which is about 46.6% of a typical local household's weekly income as recorded at the most recent Census. On these figures that would take a large share of a typical local household's income, and whether that feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Depot Hill a good place to invest?

Accepted Answer

For houses in Depot Hill, median values climbed 36.7% over the past 12 months, a strong rise in what a house is worth. Over the same period house rents increased 6.0%, a solid gain in rental income. On the houses side, capital growth has been the stronger performer this year because the price change was notably larger than the rent change. Whether that balance fits your investing aims depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	36.7%	N/A
Sold Past 3 months	9	N/A
Median days on market Past 12 months	25	N/A
Average rent Past 12 months	$445	N/A
Change in rent Past 12 months	6.0%	N/A

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