Question 1

Is Depot Hill a nice place to live?

Accepted Answer

Depot Hill sits beside the Fitzroy River in inner Rockhampton, with hilltop streets that give elevated river and city outlooks and a housing mix of weatherboard cottages and modest timber Queenslander-style homes.

The suburb has incomes below the Queensland median, most homes are owner-occupied and one-parent families are the largest family group at 39.8%. Everyday shops and community facilities are a short trip away, main roads provide straightforward access to Rockhampton's CBD and regional links, and Rockhampton railway station is set for a Queensland Rail upgrade following a contractor appointment, with works to improve accessibility and security including new accessible toilets, tactile ground indicators and upgraded car parks.

Question 2

Is it expensive to live in Depot Hill?

Accepted Answer

For Depot Hill, the figures show housing costs that sit fairly high against local incomes. A typical local household earned about $955 a week at the most recent Census, and with house rents around $445 a week, renting a house would take roughly 47% of a typical local household's weekly income. On the buying side, a median house price of $400,000 works out to about 8.1 times a typical local annual household income, which sits well above local incomes. If you are renting rather than buying, the rent share is the number that will matter most to you.

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

A strong 27.9% rise in median house values in Depot Hill over the most recent 12 months is the standout figure. House rents also rose, up a solid 6.0%.

For houses in Depot Hill, that means capital growth outpaced rental income, with values increasing by a much larger margin than rents.

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	$400K	N/A
Change in value Past 12 months	27.9%	N/A
Sold Past 3 months	13	N/A
Median days on market Past 12 months	16	N/A
Average rent Past 12 months	$445	N/A
Change in rent Past 12 months	6.0%	N/A

	Suburb	QLD
Median age years	37	38
Median household income weekly	$955	$1,675
Couples with children share of families	23.2%	41.2%
Couples without children share of families	30.7%	40.3%
One-parent families share of families	39.8%	16.8%
Homes owned outright share of homes	35.2%	30.1%
Homes with a mortgage share of homes	29.5%	35.6%
Homes rented share of homes	35.2%	34.3%

Get a property report and suburb profile for any property in Depot Hill

Depot Hill suburb profile

Depot Hill property market performance

Depot Hill demographics

Suburbs near Depot Hill

Get a head start and compare top local agents in Depot Hill

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market