Buying Investment Property in Rockhampton
Rockhampton, a city in central Queensland is a regional hub, offering investors and residents of urban, rural and industrial landscapes. Known as the “Beef Capital of Australia”, Rockhampton has a rich agricultural heritage which is complimented by ease of access to stunning beaches and seaside towns like Yeppoon. Nestled along the Fitzroy river, Rockhampton offers housing estates, suburbs and semi-rural retreats. Rockhampton celebrates events throughout the year from food and wine festivals to sporting events as well as music festivals.
Rockhampton has a multitude of offerings when it comes to educational institutions with over 30 primary and highschools to choose from. St Peter’s Catholic Primary School and Rockhampton Grammar School are just some of the excellent schooling options within the Rockhampton area. Tertiary education like CQUniversity’s Rockhampton campus was rated amongst the top universities in Australia for graduate starting salaries. Rockhampton also has the University of Queensland’s Rural Clinic School and James Cook University’s Generalist Medical Training Program making them the perfect gateway to Rockhampton’s medical industry. Rockhampton has 3 public and private hospitals, over 25 medical centres and a full selection of allied medical services.
Rockhampton has numerous shopping centres, supermarkets and essential services like Stockland Rockhampton Shopping Centre, as well as some of the best steak houses, pubs and cocktail bars found in Queensland. With a rich cultural past, Rockhampton’s Heritage Village has local life recreated with cottages, woolsheds and antique cars and the Dreamtime Cultural Centre which has Aboriginal and Torres Strait Islander displays and replica sandstone caves. Recreational activities for residents and investors include Rockhampton Botanical Gardens and Zoo as well as beautiful parks such as Mt Archer National Park, walking trails and nearby beaches for outdoor enthusiasts.
Contact us
About the Rockhampton Property Market
Rockhampton is a significant regional hub with a strong growing economy which is driven by agriculture, mining and education. Almost 70% of residents have their own transport in Rockhampton although it does have excellent transport connections offering routes by train, bus, ferry, tram/light rail. It is a desirable residential location and investment opportunity as it offers a mix of established suburbs and areas undergoing redevelopment.
Residents of Rockhampton are an even mix of young professionals, families and retirees according to the ABS Census. The income of residents align with the national average and the suburb has a balanced ratio of homeowners and renters. Standalone houses tend to dominate up to 85% of the market, catering to families. Affordable apartments are also popular amongst the younger residents. This means that there is an opportunity for investors especially for those who would like a diverse portfolio.
Properties in Rockhampton include spacious blocks, family homes, and older properties with subdivision potential. Newer developments block sizes range from a minimum of 2,000 square metres whilst low density residential zones range from at least 400 square metres. On average, the houses have between three to four bedrooms which is ideal for investors seeking strong rental yields. There is also potential for growth as the redevelopment market is popular in Rockhampton in several of the city’s suburbs which is an attractive offering for investors.
Our Process
A buyer’s agent is essential for investors to navigate the complex Rockhampton market. They will be an invaluable asset that will provide their expertise to help you find the best investment opportunity while saving you time and stress. At Search Party Property we have excellent professional offerings in which we connect with the best surveyors, solicitors, planners, and removals companies on your behalf.
We specialise in understanding your investment goals. Our team is there to leverage their local knowledge, market insights and access to off-market properties to find the best properties for you and your real estate checklist criteria. Our job is to ensure you have a seamless purchasing process.
Partner with us today to unlock Rockhampton’s investment potential and experience our expert negotiating skills to help you get the better deal. Contact us today to start your journey to building a rewarding investment portfolio.
Testimonials
Contact us
Expert Property Investment Advice
Telephone
1300 022 482
hello@searchpartyproperty.com.au