Suburb Profile Report for West Rockhampton QLD (4700)

West Rockhampton House: Median price $249,000, Annual capital growth 1.43%, Number of sales 31, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: CoreLogic

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Over the last year, property investments in West Rockhampton, 4700 have given investors a capital gain of 3.32%. This compares averagely with the 1.88% for QLD as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Rockhampton has fallen somewhat when compared to the 5 year average annual rate.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in West Rockhampton itself are offering an average vendor discount of -13.47% to real estate investors.

With the median price for a house in West Rockhampton being $249000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 5.95%

HOUSE UNIT
$249,000 N/A
3.75% N/A
3.32% N/A
1.43% N/A
$285 N/A
31 N/A
5.95% N/A
148.9 N/A

Source: CoreLogic

DSR Score for property investment : Poor (U), Balanced (H)
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Demographics
Total population 1810
Median household income ($/weekly) 1045
Median age of persons 36
Median housing loan repayment ($/monthly) 1400
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 250 13.8
    25-34 years 221 12.2
    35-44 years 228 12.6
    45-54 years 218 12.0
    55-64 years 171 9.4
    Others 723 39.9
    Age Group
    Census Count Percent(%)
    Not Married 563 46.1
    Registered Married 530 43.4
    Defacto Relationship 128 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1485 92.1
    Papua New Guinea 16 1.0
    Philippines 10 0.6
    United Kingdom 25 1.5
    Other 35 2.2
    Others 42 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1235 79.7
    No Religion 287 18.5
    Hinduism 11 0.7
    Buddhism 8 0.5
    Islam 8 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 53 9.6
    $400-$599 81 14.7
    $600-$799 64 11.6
    $1,250-$1,499 55 10.0
    $1,500-$1,999 76 13.8
    Others 223 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 501 38.3
    Employed, worked full-time 500 38.3
    Employed, worked part-time 191 14.6
    Employed, away from work 70 5.4
    Unemployed, looking for work 45 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 109 14.3
    Technicians & trades workers 143 18.8
    Community & personal service workers 101 13.3
    Clerical & administrative workers 97 12.7
    Labourers 104 13.6
    Others 208 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.6
    Infants/Primary 127 38.6
    Secondary 102 31.0
    Technical or Further Educational Institution 38 11.6
    University or other Tertiary Institutions 40 12.2
    Others 7 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1525 95.9
    Flat, unit or apartment 46 2.9
    Semi-detached, row or terrace house, townhouse 19 1.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 230 36.6
    Rented 207 33.0
    Being purchased 188 29.9
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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