Suburb Profile Report for West Rockhampton QLD (4700)

West Rockhampton House: Median price $240,000, Annual capital growth -0.44%, Number of sales 27, Weekly median advertised rent $315

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Investment property in West Rockhampton has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.56%

West Rockhampton,4700 has offered an average of 2.56% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in West Rockhampton 4700 should be seeing an average reduction in asking price of around -3.53% . This means that West Rockhampton is holding prices well when compared to other suburbs in QLD.

On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.

West Rockhampton, 4700’s gross rental yield is 6.83%

Metrics	HOUSE	UNIT
Median price	$240,000	N/A
Quarterly growth	-3.42%	N/A
12-month growth	2.56%	N/A
Average Annual Growth	-0.44%	N/A
Weekly median advertised rent	$315	N/A
Number of sales	27	N/A
Gross rental yield	6.83%	N/A
Days on market	75.6315789473684	N/A

DSR Score for property investment : Good (H), Below average (U)

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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