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Rockville suburb profile

Rockville is a suburb located in the northern part of Toowoomba, Queensland, offering a peaceful residential environment with a touch of rural charm. Known for its spacious properties and community-focused atmosphere, Rockville is ideal for families and those seeking a quieter lifestyle. The suburb provides convenient access to local amenities, including schools, parks, and shopping centers, while being just a short drive from the bustling Toowoomba CBD. With its blend of suburban tranquility and proximity to urban conveniences, Rockville presents a balanced lifestyle for its residents.

Rockville property market performance

Current median dwelling price$505,000Past 3 months

Property growth+24.6%Past 12 months

Rockville’s property market has experienced significant growth in house values over the past 12 months, with a notable increase of 19%, bringing the median house price to $742,500. In contrast, the unit market has remained stagnant, with no change in median unit value. Over the past year, 16 houses and only 2 units have been sold, indicating a stronger demand for houses.

Houses in Rockville are selling rapidly, with a median of just 9 days on the market, while the unit market shows no activity in terms of days on market, reflecting limited transactions. The rental market has seen modest changes, with house rents increasing by 2% and unit rents rising by 9.8%, suggesting a growing interest in rental units despite the lack of sales activity.

HousesUnits
Median price
Past 3 months
$740KN/A
Change in value
Past 12 months
19.6%N/A
Sold
Past 3 months
133
Median days on market
Past 12 months
9N/A
Average rent
Past 12 months
$520$450
Change in rent
Past 12 months
5.1%9.8%

5 year median price trend for houses and units

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Rockville demographics

Rockville, located in the Toowoomba region of Queensland, is a suburb that offers a blend of suburban tranquility and accessibility to urban amenities. With a population of 3,204, Rockville is characterized by a median age of 38, indicating a mature community with a mix of families and long-term residents. The suburb's median total household income of $1,157 per week reflects a modest economic profile, typical of a suburban area with a balanced mix of working professionals and families.

Family dynamics in Rockville are diverse, with 30.8% of households being couple families with children, and 40% being couple families without children. One-parent families make up 26.1% of the community, highlighting a significant presence of single-parent households. This diversity in family structures contributes to a supportive and inclusive community environment.

In terms of housing, Rockville presents a varied landscape. A notable 28.5% of properties are owned outright, while 30% are owned with a mortgage, indicating a stable homeownership rate. Additionally, 41.6% of the properties are rented, which suggests a demand for rental properties, likely driven by those seeking flexible living arrangements or transitioning into homeownership. This mix of ownership and rental options provides residents with a range of housing choices to suit different lifestyles and financial situations.

Suburbs near Rockville

Some popular suburbs near Rockville include:

  • Wilsonton: Known for its convenient shopping facilities and community parks, Wilsonton is located directly south of Rockville.
  • Wilsonton Heights: Offering elevated views and a peaceful residential atmosphere, Wilsonton Heights lies to the southwest of Rockville.
  • Cranley: Featuring a mix of rural and residential areas with growing development, Cranley is situated to the west of Rockville.
  • Newtown: Known for its historic homes and vibrant community, Newtown is located to the southeast of Rockville.
  • Harlaxton: Offering a blend of residential and industrial areas with scenic views, Harlaxton is situated to the northeast of Rockville.

How does Rockville compare to nearby suburbs?

  • Median house prices: Rockville’s median house price is 4.3% lower than Wilsonton’s.
  • Median unit prices: Rockville’s median unit price is 30.9% lower than Wilsonton’s.
  • House price growth: Property prices in nearby Wilsonton have risen 5.7% more than in Rockville over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Rockville have grown 25.3% higher than in Cranley.
  • Selling speed for houses: Properties in Rockville are selling 10.0% faster than in Wilsonton.

Choose the right real estate agents in Rockville

Choosing the right real estate agent in Rockville can have a big impact on your sale. While there are 45 real estate agents working in the suburb, but just 5 of them were responsible for 30.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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