Suburb Profile Report for West Rockhampton QLD (4700)

West Rockhampton House: Median price $280,000, Annual capital growth 10.83%, Number of sales 59, Weekly median advertised rent $350

West Rockhampton Unit: Median price $240,000, Annual capital growth 16.94%, Number of sales 13, Weekly median advertised rent $0

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Property investors who have had real estate in West Rockhampton, 4700 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.00%

A 34.23% growth in median value for property investors in West Rockhampton,4700 puts this suburb at number 539th in terms of best performing suburbs in QLD

Sellers are offering property buyers an average discount of -5.47% to buyers in West Rockhampton at the moment, which is less than average for the rest of QLD.

Property value increases in West Rockhampton have tracked higher than the QLD average of 14.15% over the last 12 months.

Across a shorter period, West Rockhampton, 4700 has seen a median price increase of 4.35% over the last quarter.

The most recent median price for West Rockhampton is $240000, with sellers offering an average of 0.00% off the asking price.

Situated 520.12km from the CBD, West Rockhampton is one of Rockhampton (R) localities in the postcode 4700.

Metrics	HOUSE	UNIT
Median price	$280,000	$240,000
Quarterly growth	4.35%	4.35%
12-month growth	20.00%	42.57%
Average Annual Growth	10.83%	16.94%
Weekly median advertised rent	$350	$0
Number of sales	59	13
Gross rental yield	3.03%	0.00%
Days on market	27.6973684210526	0

DSR Score for property investment : Good (H), Balanced (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