Question 1

Is West Rockhampton a nice place to live?

Accepted Answer

West Rockhampton is an established residential suburb on the western side of the Fitzroy River, close to Rockhampton's city centre. Streets mix classic timber Queenslander homes and brick residences on generous blocks, with pockets of newer infill and mature trees that give many streets a settled feel. Families and long-term locals make use of riverside parks, community sporting fields and local shops, and major roads plus regular bus services provide straightforward links into the city and regional routes.

The community has 1,848 people, a median age of 36 and a median household income of $1,350 a week (roughly $70,200 a year). Couple families make up the bulk of households and about 65.8% of homes are owner-occupied while 34.2% are rented. West Rockhampton has also been the site of major works at Rockhampton Airport; whether the suburb suits you will come down to your housing and location priorities.

Question 2

Is it expensive to live in West Rockhampton?

Accepted Answer

In West Rockhampton 4700, a house renting for $550 a week would take about 40.7% of a typical local household's weekly income as recorded at the last Census. That is a large share of income, so if you're renting rather than buying, that rent share is the number that matters.

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 West Rockhampton a good place to invest?

Accepted Answer

House values in West Rockhampton climbed 21.8% over the past 12 months, a strong increase in capital value. Over the same period house rents rose 10.0%, also a strong gain but smaller than the price rise, so house prices outpaced rents this year.

Put simply, the largest movement for houses was in capital value, while rental income also rose. If rental cash flow is your priority the rent change is the relevant number; if capital growth matters more the value change is the bigger movement. Whether that balance suits your goals and circumstances is for you to decide.

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	21.8%	N/A
Sold Past 3 months	9	2
Median days on market Past 12 months	12	N/A
Average rent Past 12 months	$550	N/A
Change in rent Past 12 months	10.0%	N/A

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