Smoking Hot: Rockhampton
Known as the Beef Capital of Australia, Rockhampton is a booming regional town, the fourth largest in Queensland. Since beef is one of the area’s primary industries, it is no surprise some of the best steak houses and restaurants in regional Queensland are right here.
Rockhampton is so proud of their reputation as the Beef Capital of Australia that there are six iconic bull statues throughout the city.
Interstate investors and owner occupiers are flocking to north Queensland’s regional property market in droves, hoping to cash in on affordable housing in limited supply and offering very high rental yields.
It’s a story on repeat from Cairns to Rockhampton, where local agents talk of an unexpected boom.
Located an hour and 20 minutes by plane from Brisbane, Rockhampton is attracting high investor attention, predominantly New South Wales and Victoria.
Mat O’Brien, Sales and Marketing Consultant, Ray White Rockhampton:
“I’ve also run into quite a few people from Tasmania, and they’re not just enquiring, they’re actually coming through open homes so they’re here, on the ground, and I know of a few people who had just flown up for the weekend to see properties too,” Mr O’Brien said.
CoreLogic’s August Regional Market Report, shows Rockhampton’s median house price is $377,673, which is a 6.6 per cent increase in the past 12 months.
That makes for some great reasons to invest in house and land in the area but there is more to love.
Enviable Weather – Rockhampton has a subtropical climate. It is generally too far south to have regular northwest monsoonal influence and too far north to receive cold fronts sweeping in from the south!
Seaside Living – While Rockhampton is blessed with plenty of clean country air, it is also just 30 minutes from 23 glorious kilometres of sandy beach between Yeppoon and Emu Park.
Sporting Mecca – smack bang in what can only be called “the Bible Belt of Rugby League”, there’s plenty on offer for sports lovers. The city is also home to AFL, basketball, soccer, mountain biking and even roller derby.
Events Galore – Rocky is rocks with concerts, events and festivals every year. Some big ticket items include the Rockhampton Show, Beef Australia Expo, Rockhampton Cultural Festival and the Capricorn Food and Wine Festival.
Go Bush – The Southern Great Barrier Reef is just a stone’s throw away but you can also head inland for a true taste of what living in Central Queensland is all about – national parks, the Capricorn Caves, and numerous state forests.
Homecorp first started developing in Rockhampton in the early 2000’s. The potential was clear to see and that is still the case more than 15 years on. If Rocky sounds like the kind of place you’d like to call home, take a look at The Gardens or reach out to the team at Homecorp today.