Suburb Profile Report for West Rockhampton QLD (4700)

West Rockhampton House: Median price $220,000, Annual capital growth -2.06%, Number of sales 23, Weekly median advertised rent $265

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic What is the right investment loan for you? Find out now

House Report

Property investors who have had real estate in West Rockhampton, 4700 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.98%

Taking the average capital gain, or increase in median house value, West Rockhampton,4700 has racked up an average of -8.98% over the period. This ranks it number 3804th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in West Rockhampton 4700 should be seeing an average reduction in asking price of around -10.92% . This means that West Rockhampton is holding prices well when compared to other suburbs in QLD.

With the median price for a house in West Rockhampton being $220000 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 6.26%

Metrics	HOUSE	UNIT
Median price	$220,000	N/A
Quarterly growth	0.92%	N/A
12-month growth	-8.98%	N/A
Average Annual Growth	-2.06%	N/A
Weekly median advertised rent	$265	N/A
Number of sales	23	N/A
Gross rental yield	6.26%	N/A
Days on market	174	N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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