A $465,000 median — the lowest-priced ranges locality here with a recorded sale — in the Mount Morgan ranges.
0% of homes rented (no tenant pool), a 2-sale market and income 21% below the metro make it untradeable for a fund.
Rural ranges acreage on tank/septic ~25-40 min to Rockhampton; no per-lot flood or bushfire mapping.
No rental market and a 2-sale base — not an SMSF income hold. Pass on the numbers.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ✗ Bad | —% compound over 0 yrs, 3.3% 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 23); policed via the Rockhampton/Gracemere rural divisions (low-population, low absolute crime assumed) — verify on the QPS crime map. crime factpack — QPS Capricornia (Rockhampton/Gracemere rural division proxy) |
| Infrastructure | ✗ Bad | Remote southern-ranges locality ~25-40 min to Rockhampton; no local retail, school, rail or hospital — car-dependent. transport factpack (drive-time estimates) |
| Owner-occupier appeal | ✓ Good | 100% owned / 0% rented, 44% 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; ~25-40 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 ranges acreage on tank/septic — land and septic upkeep the LRBA cannot fund. editorial — stock-age judgment |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | — | $465k | — | — |
| Median rent | — | — | — | — |
| Implied yield | — | — | — | — |