Rural-fringe scarcity on the northern corridor, tied to the region's growth story through the RAF-funded trunk-sewerage node built here.
As an SMSF income asset it fails: a 2.8% yield, only 9% rented and a $1.43m median resting on two sales — deeply negative carry with no tenant pool, and acreage upkeep the LRBA cannot fund.
The enabling infrastructure here unlocks 2,200+ Ellida/Edenbrook homes next door — the suburb sits on the wrong side of the region's biggest supply overhang, capping land-value growth just as flood status stays unverified.
The clearest pass in the pack: expensive, illiquid, tenant-less and greenfield-adjacent. Wrong instrument for a leveraged super fund; only a very-long-hold land bet after an address-level flood check could even be argued.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ✓ Good | 13.0% compound over 5 yrs, 111.5% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ✗ Bad | 2.8% gross — heavy negative cash flow inside the fund — the growth has to justify it. PropTrack via suburb page |
| Flood risk | ◐ Mixed | No suburb-level flood data located — check Rockhampton Regional Council flood mapping / Spatial Data Hub at the address before committing. Flood factpack (UNCERTAIN); RRC flood maps |
| Crime | ◐ Mixed | No suburb-level data; North-Rockhampton division proxy on the outer-north fringe — likely low absolute crime but unverified, so check the QPS crime map. QPS crime map (verify) |
| Infrastructure | ◐ Mixed | Outer-north growth-corridor fringe ~12–15 min to the CBD with limited bus; the RAF-funded Limestone Creek sewage pump station here serves the new Parkhurst estates rather than existing residents. Transport factpack; Qld Govt RAF 2025 |
| Owner-occupier appeal | ✓ Good | 91% owned / 9% rented, 83% family households — owner-occupier depth supports prices and resale; verify tenant demand separately (listings volume, room demand). ABS via suburb page |
| New supply risk | ✗ Bad | On the region's primary greenfield front — the RAF-funded trunk-sewerage node unlocks 2,200+ Ellida/Edenbrook homes next door, a structural cap on land-value growth. Supply factpack; Qld Govt RAF 2025 |
| Distance to rail | ◐ Mixed | No commuter rail; ~12–15 min to the CBD, limited bus service on the outer-north fringe. Transport factpack (drive-time est.) |
| Housing stock & upkeep | ✗ Bad | Large rural/acreage blocks (median $1.43m on two sales, 91% owner-occupied) — septic/bore/large-lot upkeep the LRBA cannot fund. editorial — acreage stock judgment |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $797,500 | 4 |
| 2021-08-31 | $840,000 | 5 |
| 2021-09-30 | $840,000 | 5 |
| 2021-10-31 | $840,000 | 5 |
| 2021-11-30 | $840,000 | 5 |
| 2021-12-31 | $777,500 | 4 |
| 2022-01-31 | $777,500 | 4 |
| 2022-02-28 | $715,000 | 5 |
| 2022-03-31 | $691,250 | 4 |
| 2022-04-30 | $667,500 | 3 |
| 2022-05-31 | $840,000 | 3 |
| 2022-06-30 | $840,000 | 3 |
| 2022-07-31 | $840,000 | 5 |
| 2022-08-31 | $726,250 | 4 |
| 2022-09-30 | $872,500 | 5 |
| 2022-10-31 | $872,500 | 5 |
| 2022-11-30 | $901,250 | 6 |
| 2022-12-31 | $901,250 | 6 |
| 2023-01-31 | $901,250 | 6 |
| 2023-02-28 | $930,000 | 5 |
| 2023-03-31 | $930,000 | 5 |
| 2023-04-30 | $930,000 | 5 |
| 2023-05-31 | $901,250 | 4 |
| 2023-06-30 | $901,250 | 4 |
| 2023-07-31 | $952,500 | 2 |
| 2023-08-31 | $952,500 | 2 |
| 2023-09-30 | $930,000 | 1 |
| 2023-10-31 | $930,000 | 1 |
| 2024-01-31 | $855,000 | 2 |
| 2024-02-29 | $855,000 | 2 |
| 2024-03-31 | $855,000 | 2 |
| 2024-04-30 | $855,000 | 2 |
| 2024-05-31 | $855,000 | 2 |
| 2024-06-30 | $981,000 | 3 |
| 2024-07-31 | $981,000 | 3 |
| 2024-08-31 | $981,000 | 3 |
| 2024-09-30 | $981,000 | 3 |
| 2024-10-31 | $815,500 | 4 |
| 2024-11-30 | $815,500 | 4 |
| 2024-12-31 | $815,500 | 4 |
| 2025-01-31 | $650,000 | 3 |
| 2025-02-28 | $650,000 | 3 |
| 2025-03-31 | $675,000 | 4 |
| 2025-04-30 | $700,000 | 5 |
| 2025-05-31 | $700,000 | 5 |
| 2025-06-30 | $675,000 | 4 |
| 2025-07-31 | $675,000 | 4 |
| 2025-08-31 | $675,000 | 4 |
| 2025-09-30 | $675,000 | 4 |
| 2025-10-31 | $700,000 | 3 |
| 2025-11-30 | $900,000 | 4 |
| 2025-12-31 | $900,000 | 4 |
| 2026-01-31 | $1,100,000 | 3 |
| 2026-02-28 | $1,100,000 | 3 |
| 2026-03-31 | $1,315,000 | 3 |
| 2026-04-30 | $1,427,500 | 2 |
| 2026-05-31 | $1,427,500 | 2 |
| 2026-06-30 | $1,427,500 | 2 |
| Month | Value | Sample |
|---|---|---|
| 2025-08-31 | $760/wk | 1 |
| 2025-09-30 | $760/wk | 1 |
| 2025-10-31 | $760/wk | 1 |
| 2025-11-30 | $760/wk | 1 |
| 2025-12-31 | $760/wk | 1 |
| 2026-01-31 | $760/wk | 1 |
| 2026-02-28 | $760/wk | 1 |
| 2026-03-31 | $760/wk | 1 |
| 2026-04-30 | $760/wk | 1 |
| 2026-05-31 | $760/wk | 1 |
| 2026-06-30 | $760/wk | 1 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | — | — | $760 | $1.43m |
| Median rent | — | — | $760/wk | — |
| Implied yield | — | — | 5200.0% | — |