Adjacent to Mount Morgan township (shares its school and shops) with a small but real 8-sale market at a $507,500 median, up 53.8% on the year — with spillover exposure to the mine restart next door.
Only ~4% of homes are rented (essentially no tenant pool) and household income sits 44% below the metro; the 53.8% headline is thin-market noise off 8 sales, not a trend.
Ex-mining acreage on tank/septic — LRBA-unfundable upkeep — with range-crossing access ~38-42 min to Rockhampton and the shared Mount Morgan water-security / ranges-bushfire context.
A Mount Morgan fringe locality with no real rental market — capital-and-optionality only, suited to a fund land-banking beside the restart on a dry, low-maintenance block, not an income hold.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ◐ Mixed | —% compound over 0 yrs, 53.8% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Flood risk | ◐ Mixed | Elevated Dee-valley / ranges locality, so low riverine risk, but ranges bushfire season (Jul-Nov) is the real climate hazard and no per-suburb flood study exists — check RRC flood maps at address level. flood factpack (Capricorn Enterprise 2026); RRC flood maps (verify at address) |
| Crime | ◐ Mixed | No suburb-level QPS data (pop 201); policed by the Mount Morgan division, whose town profile runs above the QLD average (202.7/1,000) but is drug/disorder-weighted with low absolute burglary — verify on the QPS crime map. crime factpack — RedSuburbs/QPS 2025 (Mount Morgan division proxy) |
| Infrastructure | ◐ Mixed | Immediately adjacent Mount Morgan township, so shares its school and shops, but ~38-42 min over the range to Rockhampton's base hospital and major retail. transport factpack (drive-time estimates) |
| Owner-occupier appeal | ✓ Good | 96% owned / 4% rented, 61% family households — owner-occupier depth supports prices and resale; verify tenant demand separately (listings volume, room demand). ABS via suburb page |
| New supply risk | ✓ Good | No development pipeline — static rural / ex-mining stock in the Mount Morgan micro-market; structural scarcity, though demand is thin. supply factpack (Mount Morgan micro-market — no estate pipeline) |
| Distance to rail | ✗ Bad | No commuter rail in the region; ~38-42 min to Rockhampton CBD over the Burnett Hwy range crossing (the Razorback), car-dependent with no fixed-route bus. transport factpack — Burnett Hwy drive time |
| Housing stock & upkeep | ✗ Bad | Rural-residential acreage on tank/septic — land, shed and septic upkeep the LRBA cannot fund. editorial — stock-age judgment |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | $276k | $560k | $355k | $580k |
| Median rent | — | — | — | — |
| Implied yield | — | — | — | — |
| Address | Sold price |
|---|---|
| 4 Rockery Lane, Baree | $620,000 |
| 2 Creek Street, Baree | $560,000 |
| 17 Creek Street, Baree | $495,000 |
| 39 Creek Street, Baree | $331,000 |
| 16 Creek Street, Baree | $220,000 |