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New Auckland sits near the Fitzroy River and has established streets of mostly single-storey homes. Everyday amenities are centred on small local shops and neighbourhood parks.

The community is one where couples with children are the largest family group and most homes are owner-occupied, and the median age is 33. Local roads and public bus routes link the suburb, residents make use of nearby riverside open space for walking and recreation, and larger retail and public services in Rockhampton are within easy driving distance.

A typical local household earned about $2,009 a week at the most recent Census. A median house price of $655,000 in New Auckland works out to about 6.3 times a typical local annual household income, which places buying a house well above local incomes on these figures.

Renting looks noticeably cheaper by comparison. A house rent of $560 a week would take about 28% of that weekly household income and a unit rent of $390 a week would take about 19%, so renting a unit would use a modest share of income while renting a house would take a moderate share. Whether that feels expensive depends 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.

Unit rents in New Auckland jumped 21.9% over the past 12 months, and that is the most striking movement here. Over the same period house values rose 16.0%, unit values rose 9.0% and house rents increased 5.7%.

In terms investors often look at, the house market has seen bigger movement on the capital growth side than on rental income, with house values up 16.0% versus house rents up 5.7%. By contrast, units show rental income growing faster than capital growth, with unit rents up 21.9% and unit values up 9.0%.

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.