Question 1

Is Rockhampton City a nice place to live?

Accepted Answer

Rockhampton City centres on Quay Street's line of historic sandstone buildings and civic landmarks along the Fitzroy River, beside cafes, restaurants and galleries.

Residents form an older community with a large share of renters and incomes below the Queensland median, and couple families without children make up 40.3% of families. The central streets are mainly commercial with pockets of older houses and apartment blocks, and river parks and public spaces provide recreation; regional rail and highway links connect the suburb to the wider region. The railway station has been the subject of public consultation for a redevelopment that plans a new customer lounge, shelters and accessible car parking.

Question 2

Is it expensive to live in Rockhampton City?

Accepted Answer

In Rockhampton City, a typical local household earned about $1,118 a week at the most recent Census, and the housing figures sit high against that income. A house rent of about $495 a week would take roughly 44% of that weekly household income, while a unit rent of about $450 a week would take about 40%. The median house price of $416,750 works out to about 7.2 times a typical local annual household income. Which measure matters most will depend on whether you plan to rent or buy and on your own 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 Rockhampton City a good place to invest?

Accepted Answer

The most notable moves in Rockhampton City over the last 12 months are a strong 13.4% rise in unit values alongside a solid 9.9% rise in house values. House rents rose 6.5% while unit rents increased 2.3%.

Put simply, capital growth has outpaced rental income for both houses and units on this page: the gap between value growth and rent growth is smaller for houses and considerably larger for units.

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	$417K	N/A
Change in value Past 12 months	9.9%	13.4%
Sold Past 3 months	10	6
Median days on market Past 12 months	28	17
Average rent Past 12 months	$495	$450
Change in rent Past 12 months	6.5%	2.3%

	Suburb	QLD
Median age years	42	38
Median household income weekly	$1,118	$1,675
Couples with children share of families	21.4%	41.2%
Couples without children share of families	40.3%	40.3%
One-parent families share of families	31.9%	16.8%
Homes owned outright share of homes	23.6%	30.1%
Homes with a mortgage share of homes	20.8%	35.6%
Homes rented share of homes	55.6%	34.3%

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