A strong inner-north income setup: a 5.0% yield on a $567k entry, a 33%-rented base, and the best-served bus corridor in the region (Musgrave St), ~5–7 min to the CBD and built-out with no greenfield frontier.
Rent momentum leads price momentum here (rents +10%, prices +14.6%) but the older mixed-era stock carries repairs the LRBA cannot fund, and low streets take Fitzroy water around a 9m peak.
Crime is the gate — property-crime odds 1 in 6, a notably high assault load and +24.4% YoY — a direct, un-renovatable draw on landlord insurance and tenant stability.
The cheap-and-central income pick, gated hard on crime and street-level flood: suited to a cash-flow SMSF that screens tenants and buys post-flood-check on higher ground; the yield is real but the crime keeps it below Berserker on tenant depth.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ◐ Mixed | 17.1% compound over 5 yrs, 14.6% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ✓ Good | 5.0% gross — strong; can approach self-funding at LRBA rates. PropTrack via suburb page |
| Flood risk | ◐ Mixed | Low-lying streets inundate around a 9m Fitzroy peak; most of the suburb sits higher — street-dependent, check the council flood map at the address. SBS/Capricorn Enterprise 2017 |
| Crime | ✗ Bad | 277/1,000, rank 48/100 'relatively unsafe', property-crime odds 1 in 6, a notably high assault load (118) and +24.4% YoY — a genuine tenant-turnover and insurance drag. RedSuburbs 2025 (QPS-derived) |
| Infrastructure | ✓ Good | Inner-north on the Musgrave St arterial — the best-served bus corridor in the region — ~5–7 min to the CBD. Transport factpack 2026 |
| Owner-occupier appeal | ✓ Good | 66% owned / 33% rented, 64% 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 | Established, built-out inner-north suburb with no greenfield frontier — Parkhurst-insulated scarcity. Supply factpack 2025 |
| Distance to rail | ✓ Good | No commuter rail; among the best transport access in the region — ~5–7 min to the CBD on the Musgrave St bus corridor. Transport factpack (drive-time est.) |
| Housing stock & upkeep | ◐ Mixed | Older established inner-north stock of mixed eras — upkeep the LRBA cannot fund. editorial — stock-age judgment |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $261,500 | 128 |
| 2021-08-31 | $267,000 | 137 |
| 2021-09-30 | $270,000 | 136 |
| 2021-10-31 | $270,000 | 147 |
| 2021-11-30 | $276,250 | 158 |
| 2021-12-31 | $279,000 | 160 |
| 2022-01-31 | $279,000 | 168 |
| 2022-02-28 | $278,000 | 173 |
| 2022-03-31 | $282,500 | 184 |
| 2022-04-30 | $286,000 | 180 |
| 2022-05-31 | $290,000 | 179 |
| 2022-06-30 | $289,500 | 172 |
| 2022-07-31 | $290,000 | 176 |
| 2022-08-31 | $295,000 | 179 |
| 2022-09-30 | $300,000 | 183 |
| 2022-10-31 | $300,000 | 187 |
| 2022-11-30 | $290,000 | 175 |
| 2022-12-31 | $300,000 | 182 |
| 2023-01-31 | $310,000 | 180 |
| 2023-02-28 | $310,000 | 169 |
| 2023-03-31 | $315,000 | 165 |
| 2023-04-30 | $315,000 | 172 |
| 2023-05-31 | $319,000 | 168 |
| 2023-06-30 | $321,250 | 160 |
| 2023-07-31 | $327,250 | 158 |
| 2023-08-31 | $320,000 | 151 |
| 2023-09-30 | $320,000 | 145 |
| 2023-10-31 | $332,500 | 138 |
| 2023-11-30 | $336,000 | 140 |
| 2023-12-31 | $339,500 | 136 |
| 2024-01-31 | $345,000 | 129 |
| 2024-02-29 | $345,000 | 129 |
| 2024-03-31 | $345,000 | 128 |
| 2024-04-30 | $350,000 | 126 |
| 2024-05-31 | $360,000 | 132 |
| 2024-06-30 | $367,000 | 140 |
| 2024-07-31 | $381,000 | 139 |
| 2024-08-31 | $395,000 | 143 |
| 2024-09-30 | $413,000 | 145 |
| 2024-10-31 | $420,000 | 148 |
| 2024-11-30 | $420,000 | 149 |
| 2024-12-31 | $431,500 | 143 |
| 2025-01-31 | $435,000 | 140 |
| 2025-02-28 | $444,500 | 143 |
| 2025-03-31 | $450,000 | 139 |
| 2025-04-30 | $470,000 | 136 |
| 2025-05-31 | $482,850 | 124 |
| 2025-06-30 | $495,002 | 123 |
| 2025-07-31 | $510,000 | 132 |
| 2025-08-31 | $518,000 | 133 |
| 2025-09-30 | $520,000 | 136 |
| 2025-10-31 | $526,000 | 135 |
| 2025-11-30 | $533,661 | 134 |
| 2025-12-31 | $536,500 | 143 |
| 2026-01-31 | $535,750 | 142 |
| 2026-02-28 | $546,500 | 143 |
| 2026-03-31 | $563,750 | 146 |
| 2026-04-30 | $566,000 | 146 |
| 2026-05-31 | $562,500 | 147 |
| 2026-06-30 | $567,250 | 138 |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $350/wk | 56 |
| 2021-08-31 | $350/wk | 56 |
| 2021-09-30 | $350/wk | 56 |
| 2021-10-31 | $350/wk | 58 |
| 2021-11-30 | $365/wk | 62 |
| 2021-12-31 | $365/wk | 60 |
| 2022-01-31 | $370/wk | 59 |
| 2022-02-28 | $370/wk | 59 |
| 2022-03-31 | $375/wk | 56 |
| 2022-04-30 | $380/wk | 59 |
| 2022-05-31 | $380/wk | 60 |
| 2022-06-30 | $380/wk | 59 |
| 2022-07-31 | $380/wk | 58 |
| 2022-08-31 | $380/wk | 65 |
| 2022-09-30 | $390/wk | 72 |
| 2022-10-31 | $390/wk | 72 |
| 2022-11-30 | $390/wk | 67 |
| 2022-12-31 | $390/wk | 66 |
| 2023-01-31 | $400/wk | 73 |
| 2023-02-28 | $400/wk | 72 |
| 2023-03-31 | $400/wk | 79 |
| 2023-04-30 | $400/wk | 76 |
| 2023-05-31 | $400/wk | 83 |
| 2023-06-30 | $420/wk | 82 |
| 2023-07-31 | $430/wk | 92 |
| 2023-08-31 | $430/wk | 92 |
| 2023-09-30 | $430/wk | 96 |
| 2023-10-31 | $440/wk | 92 |
| 2023-11-30 | $440/wk | 93 |
| 2023-12-31 | $445/wk | 94 |
| 2024-01-31 | $450/wk | 92 |
| 2024-02-29 | $450/wk | 96 |
| 2024-03-31 | $450/wk | 96 |
| 2024-04-30 | $460/wk | 101 |
| 2024-05-31 | $460/wk | 106 |
| 2024-06-30 | $460/wk | 102 |
| 2024-07-31 | $463/wk | 104 |
| 2024-08-31 | $475/wk | 104 |
| 2024-09-30 | $480/wk | 103 |
| 2024-10-31 | $480/wk | 108 |
| 2024-11-30 | $480/wk | 112 |
| 2024-12-31 | $490/wk | 111 |
| 2025-01-31 | $490/wk | 116 |
| 2025-02-28 | $490/wk | 118 |
| 2025-03-31 | $490/wk | 120 |
| 2025-04-30 | $495/wk | 120 |
| 2025-05-31 | $500/wk | 122 |
| 2025-06-30 | $500/wk | 120 |
| 2025-07-31 | $500/wk | 114 |
| 2025-08-31 | $505/wk | 112 |
| 2025-09-30 | $520/wk | 115 |
| 2025-10-31 | $520/wk | 118 |
| 2025-11-30 | $520/wk | 115 |
| 2025-12-31 | $535/wk | 108 |
| 2026-01-31 | $540/wk | 111 |
| 2026-02-28 | $540/wk | 110 |
| 2026-03-31 | $540/wk | 110 |
| 2026-04-30 | $545/wk | 110 |
| 2026-05-31 | $550/wk | 108 |
| 2026-06-30 | $550/wk | 104 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | $469k | $579k | $567k | $683k |
| Median rent | $450/wk | $550/wk | $550/wk | $700/wk |
| Implied yield | 5.0% | 4.9% | 5.0% | 5.3% |
| School | Level | Grades | Sector | Students |
|---|---|---|---|---|
| St Joseph's Catholic Primary School | Primary | Prep-6 | Catholic | 348 |
| Park Avenue State School | Primary | Prep-6 | Government | 170 |
| Emmaus College | Secondary | 7-12 | Catholic | 1,282 |
| Childcare centre | Rating | Reviews | Day rate |
|---|---|---|---|
| St Joseph's Kindergarten North Rockhampton | Meeting NQS | 5 ★ (2) | POA |
| Address | Sold price |
|---|---|
| 8 Renshaw Street, Park Avenue | $770,000 |
| 20 Face Street, Park Avenue | $747,000 |
| 63 Menzies Street, Park Avenue | $700,000 |
| 16 Medcraf Street, Park Avenue | $640,000 |
| 8 Alick Street, Park Avenue | $620,000 |
| 10 Face Street, Park Avenue | $595,000 |
| 76 Gray Street, Park Avenue | $576,200 |
| 63 Alexandra Street, Park Avenue | $567,500 |
| 19 Hardy Avenue, Park Avenue | $543,500 |
| 31 Hogan Street, Park Avenue | $540,000 |
| 48 Haynes Street, Park Avenue | $530,000 |
| 136 Richardson Road, Park Avenue | $425,000 |
| 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 | Rockhampton North and North-East urban area | Park Avenue | 4 Edgar Street | 12.6 | 7.4 | 4/3/1 | 619 m² | $806 | ▼ 25% cheaper | 12.9 | $499k | $524k | ▼ 4.8% below | 88% | 5.5% | 5.7% | clear |
| Rockhampton Region | Rockhampton North and North-East urban area | Park Avenue | 28 Thompson Street | 11.8 | 7.4 | 11/3/8 | 2025 m² | $338 | ▼ 69% cheaper | 13.0 | $685k | $731k | ▼ 6.3% below | 100% | 4.9% | 5.3% | clear |
| Rockhampton Region | Rockhampton North and North-East urban area | Park Avenue | 85 Alexandra Street | 10.5 | 7.4 | 3/2/2 | 602 m² | $1078 | ▲ 0% dearer | 9.2 | $649k | $652k | ▼ 0.5% below | 112% | 5.0% | 4.4% | clear |
| Rockhampton Region | Rockhampton North and North-East urban area | Park Avenue | 111 Rice Street | 8.5 | 7.4 | 5/3/4 | 597 m² | $1466 | ▲ 36% dearer | 7.3 | $875k | $868k | ▲ 0.8% above | 128% | 4.0% | 4.2% | clear |