Question 1

Is Lakes Creek a nice place to live?

Accepted Answer

Lakes Creek is a Rockhampton outer suburb where an established industrial precinct and meat processing history sit beside residential streets and riverside open space.

The community has incomes above the Queensland median, many households are buying their homes and couples without children are the largest family group at 44.0% of families. People use road connections into Rockhampton for shopping and services, while small commercial strips, service businesses and riverside green space provide everyday convenience and outdoor recreation, and the Lakes Creek Road Landfill Stage 1 capping project has had its contract awarded.

Question 2

Is it expensive to live in Lakes Creek?

Accepted Answer

The most recent Census recorded a typical local household income of $2,027 a week in Lakes Creek. There haven't been enough recent property sales or rentals to publish reliable house or unit prices and rents for Lakes Creek, so it isn't possible to describe how expensive it is to live there compared with local incomes.

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 Lakes Creek a good place to invest?

Accepted Answer

A strong 32.6% rise in median house values in Lakes Creek over the most recent 12 months is the standout figure. That change measures capital growth for houses; there isn't enough recent rental data here to show how rental income moved.

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	32.6%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	QLD
Median age years	40	38
Median household income weekly	$2,027	$1,675
Couples with children share of families	42.3%	41.2%
Couples without children share of families	44.0%	40.3%
One-parent families share of families	10.7%	16.8%
Homes owned outright share of homes	32.4%	30.1%
Homes with a mortgage share of homes	47.1%	35.6%
Homes rented share of homes	20.5%	34.3%

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