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West Rockhampton, QLD 4700

Home » QLD Real Estate Data » Rockhampton Regional, QLD » West Rockhampton, QLD 4700

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for West Rockhampton, QLD 4700 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “West Rockhampton, QLD 4700”

  1. The total adult population (15 years or older) of West Rockhampton 4700 QLD is 1,490, with a median age of 36. Of those, 37.52% are married, 13.36% are divorced or separated, 41.28% are single and 7.45% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,108. The median monthly mortgage repayment for households in this suburb is $1,215 which is 17.09% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the state of Queensland, the suburb of West Rockhampton, postcode 4700, is home to an estimated 953 households. Entering the third quarter of 2023, the typical house price in this area is set at an inviting $377,018. Accompanied by a median weekly rent of $400, this reveals an enticing indicative yield of a solid 5.52%.

    Preserving a socio-economic score of 893 out of a total 1217, West Rockhampton exhibits a fairly favourable living condition. The prevalence of resources, fair income levels, and well-endowed professions all contribute to a relatively advantageous status in this area.

    An important facet to comprehend while evaluating this market is the renter to owner ratio. Here, the ratio stands at 33%, maintaining a balanced property market atmosphere which favours both tenants and property owners. Property investors can breathe easy knowing the competition in the rental market is moderately low, thanks to the meagre 6% units to houses ratio, which ensures that the suburb has less rental competition and sufficient demand for houses.

    The suburb projects an immensely favourable affordability index of 21 years. This indicates that, on average, it would take roughly 21 years to own a house outright – an attractive proposition for potential homebuyers considering a mortgage.

    In supply metrics, the stock on market percentage for houses is 0.67%. While inventory levels are low at 1.6 months, the low building approvals ratio of 0.34% indicates that the suburb’s market does not risk being flooded by an oversupply of dwellings.

    West Rockhampton’s average days on market for houses is moderately favourable at 46 days, indicating a satisfactorily high demand. Further corroborating this high demand scenario is the surprisingly low vacancy rate of 0.96%. Despite the buy search index entailing a neutral position at 4, considering the majority of the metrics, it represents an overall favourable investment outlook.

    Conclusively, West Rockhampton presents a primarily favourable market condition for potential investors, marked by a high indicative yield, viable renter to owner ratio, and high demand, coupled with low supply. As in all property markets, trends matter as much as absolute numbers, thus calling for continuous monitoring and insights to capitalise optimally. Nifty tools like the RCS metric developed by HtAG Analytics can automate this research offering a comprehensive analysis of over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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