The northern growth corridor's showcase: flood-free (Ring Road works to ~9.86m immunity), predominantly new light-repair stock, Bruce Hwy frontage and a local industrial estate for jobs, on a high-income young-family base (avg age 32).
Price growth has already stalled (0.1% over 12 months) even as the region surged — the supply overhang is visibly capping values — and the 4.2% yield sits on a $735k median with only a 28% rental base and no room-demand signal.
The LGA's heaviest greenfield pipeline is aimed straight here — Ellida's 2,200+ homes plus Edenbrook, Riverside Waters and a 189ha PDA — a structural, decade-long cap on land-value growth and a constant stream of competing new rental stock.
The classic supply-capped corridor: new stock and Ring Road access are genuine positives, but the flat 0.1% growth already shows the pipeline biting. Only for an SMSF that wants low-maintenance new stock and accepts capped growth — not a scarcity play.
| Dimension | Verdict | Why |
|---|---|---|
| Capital growth | ◐ Mixed | 15.4% compound over 5 yrs, 0.1% last 12m. Past growth is already in the price — sustaining it depends on the supply picture below. trend data (this DB) |
| Rental yield | ◐ Mixed | 4.2% gross — expect contribution top-ups at LRBA rates; losses stay trapped in the fund at 15%. PropTrack via suburb page |
| Flood risk | ✓ Good | Northern growth corridor generally elevated and away from the river; Ring Road works here are built to ~9.86m-equiv flood immunity. No specific residential river-flood record, though confirm at the address. Flood factpack; TMR 2025 |
| Crime | ◐ Mixed | Headline 118/1,000 is retail-inflated (big-box precinct); violent crime is low (1 in 169) but property odds are 1 in 13 and rose 23.9% YoY — a growth-corridor family area, not a hotspot. RedSuburbs 2025 (QPS-derived) |
| Infrastructure | ✓ Good | Bruce Hwy frontage, directly served by the Ring Road works, a local industrial estate for jobs and new estate retail; ~12–15 min to the CBD, bus-served. Transport factpack; TMR; EDQ 2025 |
| Owner-occupier appeal | ✓ Good | 72% owned / 28% rented, 79% 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 | The LGA's heaviest greenfield front — Ellida (2,200+ homes across 279ha), Edenbrook, Riverside Waters and a 189ha CQU-land PDA, all RAF-enabled — a structural, medium-term cap on land-value growth. Supply factpack; OpenLot/EDQ 2025 |
| Distance to rail | ◐ Mixed | No commuter rail; ~12–15 min to the CBD via the Bruce Hwy, bus-served — the Ring Road will improve northern access. Transport factpack (drive-time est.) |
| Housing stock & upkeep | ✓ Good | Predominantly new estate stock (young families, avg age 32, high income) — a light repair load that suits an LRBA hold. editorial — stock-age judgment |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $363,000 | 63 |
| 2021-08-31 | $359,000 | 61 |
| 2021-09-30 | $359,000 | 69 |
| 2021-10-31 | $367,500 | 76 |
| 2021-11-30 | $370,000 | 78 |
| 2021-12-31 | $372,500 | 78 |
| 2022-01-31 | $370,000 | 71 |
| 2022-02-28 | $370,000 | 72 |
| 2022-03-31 | $375,000 | 70 |
| 2022-04-30 | $382,500 | 76 |
| 2022-05-31 | $385,000 | 80 |
| 2022-06-30 | $410,000 | 84 |
| 2022-07-31 | $410,000 | 85 |
| 2022-08-31 | $420,000 | 87 |
| 2022-09-30 | $427,500 | 84 |
| 2022-10-31 | $416,500 | 82 |
| 2022-11-30 | $418,000 | 81 |
| 2022-12-31 | $450,000 | 85 |
| 2023-01-31 | $450,000 | 93 |
| 2023-02-28 | $439,000 | 93 |
| 2023-03-31 | $444,000 | 95 |
| 2023-04-30 | $450,000 | 89 |
| 2023-05-31 | $502,500 | 88 |
| 2023-06-30 | $525,000 | 87 |
| 2023-07-31 | $545,000 | 89 |
| 2023-08-31 | $563,000 | 96 |
| 2023-09-30 | $545,000 | 97 |
| 2023-10-31 | $620,000 | 101 |
| 2023-11-30 | $627,500 | 100 |
| 2023-12-31 | $622,500 | 98 |
| 2024-01-31 | $631,000 | 94 |
| 2024-02-29 | $650,000 | 95 |
| 2024-03-31 | $642,500 | 97 |
| 2024-04-30 | $650,000 | 107 |
| 2024-05-31 | $646,250 | 106 |
| 2024-06-30 | $642,500 | 108 |
| 2024-07-31 | $637,250 | 112 |
| 2024-08-31 | $637,250 | 106 |
| 2024-09-30 | $665,000 | 108 |
| 2024-10-31 | $673,500 | 106 |
| 2024-11-30 | $665,000 | 113 |
| 2024-12-31 | $665,000 | 109 |
| 2025-01-31 | $688,000 | 116 |
| 2025-02-28 | $665,000 | 121 |
| 2025-03-31 | $700,000 | 115 |
| 2025-04-30 | $700,000 | 107 |
| 2025-05-31 | $735,000 | 107 |
| 2025-06-30 | $735,000 | 107 |
| 2025-07-31 | $759,000 | 107 |
| 2025-08-31 | $780,000 | 107 |
| 2025-09-30 | $780,000 | 97 |
| 2025-10-31 | $765,600 | 90 |
| 2025-11-30 | $765,600 | 82 |
| 2025-12-31 | $750,450 | 86 |
| 2026-01-31 | $749,900 | 79 |
| 2026-02-28 | $760,000 | 71 |
| 2026-03-31 | $780,000 | 71 |
| 2026-04-30 | $750,450 | 76 |
| 2026-05-31 | $749,900 | 69 |
| 2026-06-30 | $735,500 | 65 |
| Month | Value | Sample |
|---|---|---|
| 2021-07-31 | $400/wk | 35 |
| 2021-08-31 | $420/wk | 39 |
| 2021-09-30 | $415/wk | 38 |
| 2021-10-31 | $420/wk | 39 |
| 2021-11-30 | $420/wk | 46 |
| 2021-12-31 | $430/wk | 50 |
| 2022-01-31 | $430/wk | 50 |
| 2022-02-28 | $430/wk | 44 |
| 2022-03-31 | $450/wk | 47 |
| 2022-04-30 | $450/wk | 46 |
| 2022-05-31 | $450/wk | 42 |
| 2022-06-30 | $450/wk | 44 |
| 2022-07-31 | $450/wk | 40 |
| 2022-08-31 | $450/wk | 39 |
| 2022-09-30 | $450/wk | 35 |
| 2022-10-31 | $450/wk | 36 |
| 2022-11-30 | $460/wk | 36 |
| 2022-12-31 | $480/wk | 31 |
| 2023-01-31 | $500/wk | 27 |
| 2023-02-28 | $490/wk | 28 |
| 2023-03-31 | $500/wk | 31 |
| 2023-04-30 | $480/wk | 29 |
| 2023-05-31 | $500/wk | 33 |
| 2023-06-30 | $500/wk | 35 |
| 2023-07-31 | $500/wk | 38 |
| 2023-08-31 | $500/wk | 40 |
| 2023-09-30 | $500/wk | 43 |
| 2023-10-31 | $500/wk | 42 |
| 2023-11-30 | $500/wk | 42 |
| 2023-12-31 | $500/wk | 40 |
| 2024-01-31 | $500/wk | 43 |
| 2024-02-29 | $500/wk | 43 |
| 2024-03-31 | $500/wk | 46 |
| 2024-04-30 | $500/wk | 46 |
| 2024-05-31 | $520/wk | 45 |
| 2024-06-30 | $520/wk | 46 |
| 2024-07-31 | $520/wk | 49 |
| 2024-08-31 | $520/wk | 45 |
| 2024-09-30 | $520/wk | 47 |
| 2024-10-31 | $520/wk | 44 |
| 2024-11-30 | $530/wk | 45 |
| 2024-12-31 | $535/wk | 46 |
| 2025-01-31 | $545/wk | 46 |
| 2025-02-28 | $550/wk | 49 |
| 2025-03-31 | $550/wk | 49 |
| 2025-04-30 | $580/wk | 49 |
| 2025-05-31 | $580/wk | 48 |
| 2025-06-30 | $550/wk | 47 |
| 2025-07-31 | $550/wk | 44 |
| 2025-08-31 | $600/wk | 43 |
| 2025-09-30 | $600/wk | 44 |
| 2025-10-31 | $600/wk | 42 |
| 2025-11-30 | $600/wk | 42 |
| 2025-12-31 | $600/wk | 43 |
| 2026-01-31 | $570/wk | 46 |
| 2026-02-28 | $600/wk | 46 |
| 2026-03-31 | $600/wk | 47 |
| 2026-04-30 | $600/wk | 50 |
| 2026-05-31 | $590/wk | 49 |
| 2026-06-30 | $590/wk | 49 |
| 2 bed | 3 bed | 4 bed | 5+ bed | |
|---|---|---|---|---|
| Median price | — | $640k | $855k | $1.17m |
| Median rent | — | $550/wk | $620/wk | — |
| Implied yield | — | 4.5% | 3.8% | — |
| School | Level | Grades | Sector | Students |
|---|---|---|---|---|
| Parkhurst State School | Primary | Prep-6 | Government | 429 |
| Childcare centre | Rating | Reviews | Day rate |
|---|---|---|---|
| Parkhurst Early Learning Centre | Exceeding NQS | 4.4 ★ (7) | POA |
| Address | Sold price |
|---|---|
| 321 Boundary Road, Parkhurst | $1,750,000 |
| 24 Ridgewood Terrace, Parkhurst | $1,365,000 |
| 19A Riverside Drive, Parkhurst | $1,325,000 |
| 2 Ashcroft Court, Parkhurst | $1,230,000 |
| 5 Treetops Way, Parkhurst | $1,050,000 |
| 16 Vue Way, Parkhurst | $950,000 |
| 20 Turner Court, Parkhurst | $868,800 |
| 5 Oscadia Way, Parkhurst | $840,000 |
| 16 Kildare Cres, Parkhurst | $815,000 |
| 13 Florida Cres, Parkhurst | $730,000 |
| 18 Florida Cres, Parkhurst | $695,000 |
| 4 Pacey Street, Parkhurst | $680,000 |
| 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 | Parkhurst | 18 Mossvale Drive | 9.9 | 6.2 | 4/2/3 | 805 m² | $1117 | ▲ 2% dearer | 6.3 | $899k | $958k | ▼ 6.2% below | 105% | 4.6% | 3.6% | clear |
| Rockhampton Region | Rockhampton North and North-East urban area | Parkhurst | 8 Florida Cres | 9.9 | 6.2 | 4/2/2 | 450 m² | $1500 | ▲ 37% dearer | 7.3 | $675k | $707k | ▼ 4.5% below | 79% | 4.8% | 4.8% | clear |
| Rockhampton Region | Rockhampton North and North-East urban area | Parkhurst | 18 Ridgewood Terrace | 9.3 | 6.2 | 4/2/2 | 1503 m² | $662 | ▼ 39% cheaper | 7.3 | $995k | $1.06m | ▼ 5.8% below | 116% | 4.3% | 3.2% | clear |
| Rockhampton Region | Rockhampton North and North-East urban area | Parkhurst | 13 Treetops Way | 9.1 | 6.2 | 3/2/2 | 801 m² | $1092 | ▲ 0% dearer | 5.7 | $875k | $943k | ▼ 7.2% below | 137% | 4.0% | 3.3% | clear |
| Rockhampton Region | Rockhampton North and North-East urban area | Parkhurst | 26 Wirraway Drive | — | 6.2 | 4/2/2 | 1000 m² | $875 | ▼ 20% cheaper | 7.4 | $875k | $915k | ▼ 4.4% below | 102% | — | 3.7% | ⚠ Fire |