The corridor's only real market and its standout SMSF profile: a deep 39%-rented tenant pool with 406 rental listings churned in 12 months, a 4.3% yield, best-in-corridor transport (~12-15 min on the duplicated 4-lane Capricorn Hwy plus the Route 450 bus), a full town's jobs and services (saleyards, industrial/logistics hub), and predominantly newer estate stock that keeps LRBA-unfundable repairs low. Five-year price CAGR ~16.9%.
Above-QLD absolute property crime — 186 break-ins and 87 vehicle thefts a year, +20% — is a real landlord-insurance loading, and even at 4.3% the yield leaves a leveraged LRBA hold near cash-flow-neutral rather than positive. The 21.6% 12-month price spike is a supply-lag artefact off 1.69 months of stock, not a durable trend.
The flat-land supply valve. Gracemere is the corridor's Waraba — an abundant, usable greenfield bank (Breeze, Sienna and successor estates) that can be switched on fast, structurally capping the established-house growth a long SMSF hold relies on. The current scarcity is temporary; the land is not.
The pick of the corridor for a yield-plus-tenant-depth SMSF hold, but an income asset, not a growth one — the flat-land pipeline is a hard ceiling on capital growth over the fund's horizon. Buy newer estate stock on a creek-clear street (address-level RRC Flood Check), price the crime-driven insurance loading in, and don't underwrite the 21.6% spike as trend.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ✓ Good | 16.9% compound over 5 yrs, 21.6% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ◐ Mixed | 4.3% gross — expect contribution top-ups at LRBA rates; losses stay trapped in the fund at 15%. PropTrack via suburb page |
| Flood risk | ◐ Mixed | Did NOT flood in the 2010-11 Fitzroy event — sits above the river backwater (road access to Rockhampton was cut but southern Gladstone routes stayed open). Local risk is creek-based: the Gracemere Catchments Flood Study models Washpool, Teatree and Four Mile Creek interacting flows plus the Capricorn Hwy corridor west of town — address-dependent. RRC Gracemere Catchments Flood Study; Homely/Kiddle 2011 |
| Crime | ◐ Mixed | Normalised rate moderate (85.4/1,000, rank 19/100) because pop ~12,000, but absolute property crime is high: 186 break-ins, 87 vehicle thefts, 253 thefts, +20% YoY — the key landlord-insurance flag outside the CBD, with property odds 1 in 18 vs QLD 1 in 23. RedSuburbs 2025 (QPS-derived) |
| Infrastructure | ✓ Good | A full service town (pop ~12,000): Central Queensland Livestock Exchange (largest cattle saleyards in the Southern Hemisphere), the Gracemere Industrial Area transport/logistics hub, its own police division, schools, shops, Route 450 bus, and a new Mount Morgan-pipeline reservoir. Ring Road links at the Capricorn Hwy. Transport & supply factpacks; Wikipedia 2021-25 |
| Owner-occupier appeal | ◐ Mixed | 59% owned / 39% rented, 78% family households — balanced: resale depth plus a proven tenant pool. ABS via suburb page |
| New supply risk | ✗ Bad | THE flat-land supply valve — abundant usable greenfield has historically capped growth and can be switched on quickly; Breeze (Stages 7-8) and Sienna estates are actively selling. Stock-on-market 0.34% / 1.69 months is a supply-lag spike, not permanent scarcity — the corridor's Waraba-equivalent structural cap. Supply factpack (Smart Property Investment/OpenLot/htag 2025-26) |
| Distance to rail | ✓ Good | No commuter rail exists anywhere in the region; as transport access Gracemere is the corridor's best — ~12-15 min to the CBD on the duplicated 4-lane Capricorn Hwy (>18,000 vehicles/day) plus the Route 450 bus (~26 min). A genuine dormitory-town commute. Transport factpack (Capricorn Hwy Rockhampton-Gracemere duplication 2021) |
| Housing stock & upkeep | ✓ Good | Fast-grown satellite town — dominant stock is post-2000 estate housing (Breeze, Sienna and earlier releases), resident median age 32, 78% families. Light repair load versus Rockhampton's pre-war timber cores — the LRBA-friendly profile, though an older original town core exists. editorial — stock-age judgment; supply factpack |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $310,000 | 304 |
| 2021-08-31 | $315,000 | 327 |
| 2021-09-30 | $320,000 | 337 |
| 2021-10-31 | $321,500 | 354 |
| 2021-11-30 | $325,000 | 383 |
| 2021-12-31 | $329,500 | 388 |
| 2022-01-31 | $330,000 | 397 |
| 2022-02-28 | $335,000 | 429 |
| 2022-03-31 | $340,000 | 454 |
| 2022-04-30 | $343,000 | 461 |
| 2022-05-31 | $345,000 | 469 |
| 2022-06-30 | $345,000 | 488 |
| 2022-07-31 | $349,000 | 491 |
| 2022-08-31 | $350,000 | 498 |
| 2022-09-30 | $350,000 | 499 |
| 2022-10-31 | $352,000 | 495 |
| 2022-11-30 | $355,000 | 487 |
| 2022-12-31 | $360,000 | 490 |
| 2023-01-31 | $360,000 | 490 |
| 2023-02-28 | $363,000 | 465 |
| 2023-03-31 | $365,100 | 450 |
| 2023-04-30 | $370,000 | 443 |
| 2023-05-31 | $370,000 | 448 |
| 2023-06-30 | $372,500 | 435 |
| 2023-07-31 | $375,000 | 446 |
| 2023-08-31 | $375,000 | 458 |
| 2023-09-30 | $380,000 | 455 |
| 2023-10-31 | $384,000 | 448 |
| 2023-11-30 | $389,000 | 444 |
| 2023-12-31 | $390,000 | 447 |
| 2024-01-31 | $395,000 | 438 |
| 2024-02-29 | $400,000 | 447 |
| 2024-03-31 | $410,000 | 445 |
| 2024-04-30 | $415,000 | 446 |
| 2024-05-31 | $420,000 | 449 |
| 2024-06-30 | $430,000 | 446 |
| 2024-07-31 | $445,000 | 436 |
| 2024-08-31 | $458,000 | 413 |
| 2024-09-30 | $470,000 | 411 |
| 2024-10-31 | $481,100 | 418 |
| 2024-11-30 | $493,500 | 414 |
| 2024-12-31 | $500,000 | 405 |
| 2025-01-31 | $505,000 | 408 |
| 2025-02-28 | $520,000 | 397 |
| 2025-03-31 | $525,000 | 391 |
| 2025-04-30 | $530,500 | 386 |
| 2025-05-31 | $549,500 | 374 |
| 2025-06-30 | $550,000 | 365 |
| 2025-07-31 | $559,000 | 355 |
| 2025-08-31 | $570,000 | 347 |
| 2025-09-30 | $580,000 | 338 |
| 2025-10-31 | $591,000 | 327 |
| 2025-11-30 | $605,000 | 318 |
| 2025-12-31 | $613,500 | 316 |
| 2026-01-31 | $620,000 | 313 |
| 2026-02-28 | $633,250 | 304 |
| 2026-03-31 | $644,000 | 301 |
| 2026-04-30 | $650,000 | 301 |
| 2026-05-31 | $661,000 | 281 |
| 2026-06-30 | $668,750 | 278 |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $400/wk | 279 |
| 2021-08-31 | $400/wk | 298 |
| 2021-09-30 | $400/wk | 309 |
| 2021-10-31 | $410/wk | 328 |
| 2021-11-30 | $420/wk | 342 |
| 2021-12-31 | $420/wk | 346 |
| 2022-01-31 | $420/wk | 354 |
| 2022-02-28 | $420/wk | 354 |
| 2022-03-31 | $420/wk | 362 |
| 2022-04-30 | $420/wk | 361 |
| 2022-05-31 | $430/wk | 370 |
| 2022-06-30 | $430/wk | 367 |
| 2022-07-31 | $430/wk | 373 |
| 2022-08-31 | $430/wk | 363 |
| 2022-09-30 | $440/wk | 363 |
| 2022-10-31 | $440/wk | 360 |
| 2022-11-30 | $450/wk | 363 |
| 2022-12-31 | $450/wk | 362 |
| 2023-01-31 | $450/wk | 366 |
| 2023-02-28 | $450/wk | 357 |
| 2023-03-31 | $450/wk | 361 |
| 2023-04-30 | $450/wk | 363 |
| 2023-05-31 | $450/wk | 354 |
| 2023-06-30 | $450/wk | 360 |
| 2023-07-31 | $450/wk | 365 |
| 2023-08-31 | $450/wk | 371 |
| 2023-09-30 | $460/wk | 385 |
| 2023-10-31 | $460/wk | 377 |
| 2023-11-30 | $460/wk | 382 |
| 2023-12-31 | $470/wk | 380 |
| 2024-01-31 | $470/wk | 392 |
| 2024-02-29 | $470/wk | 390 |
| 2024-03-31 | $475/wk | 385 |
| 2024-04-30 | $480/wk | 392 |
| 2024-05-31 | $480/wk | 395 |
| 2024-06-30 | $480/wk | 401 |
| 2024-07-31 | $480/wk | 406 |
| 2024-08-31 | $480/wk | 406 |
| 2024-09-30 | $490/wk | 400 |
| 2024-10-31 | $490/wk | 398 |
| 2024-11-30 | $500/wk | 398 |
| 2024-12-31 | $500/wk | 397 |
| 2025-01-31 | $500/wk | 390 |
| 2025-02-28 | $500/wk | 390 |
| 2025-03-31 | $500/wk | 399 |
| 2025-04-30 | $500/wk | 400 |
| 2025-05-31 | $520/wk | 394 |
| 2025-06-30 | $520/wk | 388 |
| 2025-07-31 | $520/wk | 391 |
| 2025-08-31 | $520/wk | 399 |
| 2025-09-30 | $530/wk | 392 |
| 2025-10-31 | $530/wk | 386 |
| 2025-11-30 | $540/wk | 380 |
| 2025-12-31 | $550/wk | 377 |
| 2026-01-31 | $550/wk | 396 |
| 2026-02-28 | $550/wk | 399 |
| 2026-03-31 | $550/wk | 411 |
| 2026-04-30 | $550/wk | 421 |
| 2026-05-31 | $550/wk | 409 |
| 2026-06-30 | $553/wk | 406 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | $450 | $610k | $689k | $780k |
| Median rent | $450/wk | $530/wk | $578/wk | $660/wk |
| Implied yield | 5200.0% | 4.5% | 4.4% | 4.4% |
| School | Level | Grades | Sector | Students |
|---|---|---|---|---|
| Waraburra State School | Primary | Prep-6 | Government | 340 |
| St Paul's Catholic Primary School | Primary | Prep-6 | Catholic | 312 |
| Gracemere State School | Primary | Prep-6 | Government | 278 |
| Childcare centre | Rating | Reviews | Day rate |
|---|---|---|---|
| Goodstart Early Learning Gracemere | Meeting NQS | 5 ★ (22) | $141 |
| Le Smileys Early Learning Centre | Meeting NQS | 3.5 ★ (52) | POA |
| Le Smileys Early Learning Centre - Kindergarten at Waraburra | Exceeding NQS | — | POA |
| Little Zebra Childcare and Kindergarten Gracemere | Meeting NQS | 5 ★ (6) | $113 |
| Skippy's Early Learning Gracemere | Meeting NQS | 4.6 ★ (11) | $92 |
| Address | Sold price |
|---|---|
| 86 Elizabeth Street, Gracemere | $1,180,000 |
| 88 Clifton Street, Gracemere | $1,090,000 |
| 76 Cherryfield Road, Gracemere | $895,000 |
| 9 Leopold Court, Gracemere | $878,000 |
| 19 Rosebrook Place, Gracemere | $852,500 |
| 2 Archer Road, Gracemere | $780,000 |
| 59 Buxton Drive, Gracemere | $772,000 |
| 12 Conway Court, Gracemere | $710,000 |
| 5 Serendipity Way, Gracemere | $652,000 |
| 13 Thora Street, Gracemere | $650,000 |
| 8 Serendipity Way, Gracemere | $643,000 |
| 32/58 Lillypilly Avenue, Gracemere | $487,000 |
| LGA | Subregion | Suburb | Address | Fit ▼ | Sub. Score | B/B/C | Land | Land $/m² | vs Sub. land | Land Idx | Price | Estimate | vs Est. | vs Bed Med. | Est. Yield | Suburb Yield | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 8 Charles Cres | 12.7 | 6.3 | 3/2/4 | 1210 m² | $454 | ▼ 53% cheaper | 11.3 | $549k | $642k | ▼ 14.5% below | 90% | 5.7% | 5.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 10 Fenwick Street | 11.9 | 6.3 | 3/2/4 | 2428 m² | $259 | ▼ 73% cheaper | 10.0 | $630k | $701k | ▼ 10.1% below | 103% | 5.3% | 4.4% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 4 Emery Street | 10.7 | 6.3 | 3/2/2 | 676 m² | $886 | ▼ 9% cheaper | 8.9 | $599k | $642k | ▼ 6.7% below | 98% | 4.9% | 4.6% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 14 Dawson Street | 10.0 | 6.3 | 3/2/6 | 792 m² | $884 | ▼ 9% cheaper | 7.6 | $700k | $739k | ▼ 5.3% below | 115% | 4.7% | 3.9% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 6 Cockatoo Court | 10.0 | 6.3 | 4/2/2 | 820 m² | $852 | ▼ 13% cheaper | 8.4 | $699k | $738k | ▼ 5.3% below | 101% | 4.7% | 4.3% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 14 Hicks Close | 9.8 | 6.3 | 4/2/2 | 800 m² | $749 | ▼ 23% cheaper | 10.3 | $599k | $662k | ▼ 9.5% below | 87% | 4.3% | 5.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 4 Olympic Avenue | 9.5 | 6.3 | 4/2/2 | 902 m² | $804 | ▼ 18% cheaper | 8.3 | $725k | $784k | ▼ 7.5% below | 105% | 4.2% | 4.2% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 19 Jamie Cres | 9.4 | 6.3 | 4/2/2 | — | — | — | — | $739k | $771k | ▼ 4.2% below | 107% | 4.5% | 4.1% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 24 Leichhardt Drive | 9.4 | 6.3 | 4/2/2 | 644 m² | $1118 | ▲ 15% dearer | 7.1 | $720k | $730k | ▼ 1.4% below | 105% | 4.9% | 4.2% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 4 Leichhardt Drive | 9.3 | 6.3 | 4/2/2 | 760 m² | $907 | ▼ 7% cheaper | 8.3 | $689k | $717k | ▼ 3.9% below | 100% | 4.5% | 4.4% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 61 John Oxley Drive | 9.3 | 6.3 | 4/2/2 | 659 m² | $1046 | ▲ 7% dearer | 7.7 | $689k | $719k | ▼ 4.2% below | 100% | 4.5% | 4.4% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 10 Broadhurst Drive | 9.2 | 6.3 | 4/2/2 | 801 m² | $868 | ▼ 11% cheaper | 8.4 | $695k | $728k | ▼ 4.5% below | 101% | 4.4% | 4.3% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 7 Cunningham Court | 9.2 | 6.3 | 4/2/4 | 659 m² | $1137 | ▲ 17% dearer | 6.7 | $749k | $787k | ▼ 4.8% below | 109% | 4.4% | 4.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 11 Sturt Court | 9.1 | 6.3 | 3/2/2 | 1260 m² | $618 | ▼ 37% cheaper | 7.8 | $779k | $806k | ▼ 3.3% below | 128% | 4.5% | 3.5% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 54 Bronco Cres | 9.1 | 6.3 | 4/2/2 | 600 m² | $1125 | ▲ 15% dearer | 7.6 | $675k | $711k | ▼ 5.1% below | 98% | 4.3% | 4.5% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 12 Mitchell Court | 9.0 | 6.3 | 4/2/2 | 662 m² | $1133 | ▲ 16% dearer | 6.7 | $750k | $753k | ▼ 0.4% below | 109% | 4.8% | 4.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 174 Lucas Street | 8.9 | 6.3 | 4/2/2 | 600 m² | $1148 | ▲ 18% dearer | 7.3 | $689k | $685k | ▲ 0.6% above | 100% | 4.8% | 4.4% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 33 Anna Meares Avenue | 8.9 | 6.3 | 4/2/2 | 756 m² | $966 | ▼ 1% cheaper | 7.6 | $730k | $761k | ▼ 4.1% below | 106% | 4.3% | 4.1% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 48 John Oxley Drive | 8.8 | 6.3 | 4/2/2 | 750 m² | $999 | ▲ 2% dearer | 7.2 | $749k | $771k | ▼ 2.9% below | 109% | 4.4% | 4.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 13 Lorraine Court | 8.6 | 6.3 | 4/2/2 | 1023 m² | $713 | ▼ 27% cheaper | 8.6 | $729k | $749k | ▼ 2.7% below | 106% | 4.3% | 4.1% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 37 Johnson Road | 8.6 | 6.3 | 3/2/5 | 1000 m² | $699 | ▼ 28% cheaper | 8.3 | $699k | $712k | ▼ 1.8% below | 115% | 4.4% | 3.9% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 4 Govind Court | 8.6 | 6.3 | 4/2/4 | 793 m² | $946 | ▼ 3% cheaper | 7.4 | $750k | $766k | ▼ 2.1% below | 109% | 4.4% | 4.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 60 James Street | 8.5 | 6.3 | 4/2/2 | 724 m² | $1035 | ▲ 6% dearer | 7.1 | $749k | $769k | ▼ 2.6% below | 109% | 4.3% | 4.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 10A Boatwright Avenue | 8.4 | 6.3 | 4/2/2 | 717 m² | $975 | ▲ 0% dearer | 7.9 | $699k | $722k | ▼ 3.2% below | 101% | 4.2% | 4.3% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 5 Cockatoo Court | 8.4 | 6.3 | 4/2/2 | 714 m² | $979 | ▲ 0% dearer | 7.9 | $699k | $706k | ▼ 1.0% below | 101% | 4.4% | 4.3% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 16 Sylvana Avenue | 8.0 | 6.3 | 3/2/2 | 616 m² | $1080 | ▲ 11% dearer | 7.2 | $665k | $647k | ▲ 2.8% above | 109% | 4.3% | 4.1% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 52 Govind Court | 8.0 | 6.3 | 4/2/2 | 641 m² | $1168 | ▲ 20% dearer | 6.5 | $749k | $755k | ▼ 0.8% below | 109% | 4.3% | 4.0% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 70 Buxton Drive | 8.0 | 6.3 | 4/2/3 | 953 m² | $838 | ▼ 14% cheaper | 7.4 | $799k | $761k | ▲ 5.0% above | 116% | 4.3% | 3.8% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 69 Abby Drive | 7.9 | 6.3 | 4/2/2 | 600 m² | $1200 | ▲ 23% dearer | 6.7 | $720k | $716k | ▲ 0.6% above | 105% | 4.3% | 4.2% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 4 Rosella Drive | 7.8 | 6.3 | 4/2/3 | 734 m² | $993 | ▲ 2% dearer | 7.5 | $729k | $744k | ▼ 2.0% below | 106% | 4.0% | 4.1% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 15 O'Shanesy Street | — | 6.3 | 6/2/2 | 800 m² | $1050 | ▲ 8% dearer | 7.2 | $840k | $865k | ▼ 2.9% below | 108% | — | 4.1% | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 27 Belltrees Place | — | 6.3 | 4/2/2 | 747 m² | — | — | — | — | $796k | — | — | — | — | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 8 Ash Court | — | 6.3 | 4/1/4 | 851 m² | — | — | — | — | $692k | — | — | — | — | clear |
| Rockhampton Region | Gracemere and Capricorn Highway corridor | Gracemere | 9 Bronco Cres | — | 6.3 | 4/2/— | 629 m² | — | — | — | — | $712k | — | — | — | — | clear |