Downsizing to a Riverfront Unit in Rockhampton: Key Lessons
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Rockhampton may be known for its traditional houses and Queenslanders, but the modern and trendy Riverfront Precinct along the Fitzroy River is slowly but surely rising in popularity.
After years of owning larger properties, many residents are discovering the benefits of downsizing to this location. Here is why making the switch to a Riverfront unit in Rockhampton could be an excellent move, and how to make it happen.
Why choose the Riverfront Precinct in Rockhampton?
Located along the Fitzroy River, the Riverfront Precinct blends stunning scenery with urban convenience. The local area features cafés, shops, the Rockhampton Museum of Art, playgrounds and relaxing riverside walks.
Despite its high-rise character, residents enjoy a close community feel where neighbours often connect as they walk their dogs or grab a coffee in the morning.
Read more about the precinct here.
Modern Riverfront properties in Rockhampton include apartments with features such as secure parking, beautiful views and lift access. These make for an easy “lock up and leave” lifestyle. Many complexes also provide resort-style facilities including pools, gyms and shared recreation areas.
Riverfront property trends and capital growth
Units in Rockhampton City actually have an average value higher than houses in the area. This is because houses tend to be older, while units are fresh, modern and close to the water.
Prices started to increase dramatically during the pandemic, and peaked at an average of around $500,000 in 2023, but have since settled closer to $450,000. After a somewhat stagnant period, this means it’s a good time to make a purchase, before they start to rise again.
Steps to successfully downsize to a Riverfront property in Rockhampton
Switching from a larger home to a Riverfront property gives you a cosmopolitan lifestyle in the city you love. You won’t have to mow lawns or deal with a leaking roof, and you’ll enjoy air conditioning, a modern kitchen and lovely views from your balcony.
The following steps will take you closer to your relaxed retirement lifestyle:
- Speak to a local Rockhampton real estate agent about your plans. They can provide advice on market timing and help you figure out your strategy and timeline.
- Visit available units in the Riverfront Precinct and make a list of must-haves and nice-to-haves. For example, consider whether you want river views, security systems or lift access. Let the selling agent know what you’re looking for so they can give you a preview of units set to come on the market.
- Work out your budget: factor in purchase costs, stamp duty and ongoing strata or body corporate fees.
- Declutter and style your home for sale. Moving from a four-bedroom house to a two-bedroom unit means letting go of belongings. Consider planning a garage sale or selling items on Facebook Marketplace, so you only move what you love.
- List your property with a reliable agent who understands the Rockhampton market and can promote your home to the right buyers.
- Once your house sells, make an offer on your ideal unit, complete your purchase and move in.
Why downsizing in Rockhampton makes sense
- Lifestyle: Enjoy resort-style facilities, a scenic setting and less responsibility for upkeep.
- Financial benefits: Lower maintenance, fewer running costs and a unit market that shows steady long-term value.
- Flexibility: A lock-up and leave lifestyle means you can travel or spend time away without worrying about your property.
Ready to right-size your lifestyle?
Choosing a Riverfront unit in Rockhampton is about more than moving into a smaller home. It is about comfort, security and a lifestyle that gives you more freedom to enjoy what matters most. With demand for Riverfront properties in Rockhampton continuing to grow, now is a great time to consider making a move.
If you are ready to take the next step, contact The Agency CQ to discuss your options and begin your downsizing journey today.
