Five-Year Report: Rockhampton Property Performance by Suburb
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What a difference half a decade makes…
Over the past five years, the Rockhampton property market has seen significant shifts in house and unit prices, rental returns, buyer demand and investment appeal.
A lot has happened, including changes in buyer demand and development in the area, and home values have shifted to a level that almost makes you do a double-take.
There is such a difference between pre-pandemic and end of 2025 property prices in Rockhampton. Take a look at what has changed (it might inspire you to sell and cash in on the money you have made).
Overall market trends in Rockhampton 2020‑2025
- Median house price growth: Housing values in the Rockhampton Region have climbed steadily, with annual growth accelerating every year since 2025. For example, Rockhampton City has experienced the second-fastest growth in the country over the last twelve months, with reports indicating average capital growth of $97,500. This is largely due to the area’s proximity to the city and number of ‘fixer upper’ properties changing hands.
- Units vs houses: Houses have posted much stronger capital growth compared to units in most periods, which makes the city a downsizer’s delight.
- Rental yields: Rental yields remain attractive, particularly for houses. Low vacancy rates have supported stronger rental demand.
- Time on market / demand: Buyer competition, especially in the lower‑to‑mid price range (up to ~$600,000), has been fierce and homes are selling in a matter of days rather than weeks or months. This is something we have consistently noticed since the onset of the pandemic.
Key drivers of price changes in Rockhampton
- Affordability relative to major cities: Rockhampton has benefited from buyers (especially southern and interstate investors or people relocating) looking for more affordable housing, better rental yields and lower costs of living.
- Supply constraints: New housing stock is very limited in certain suburbs, and geography (eastern hills, agricultural lands) has restricted how fast supply can catch up with demand.
- Interest rates / financing environment: Over the five years, varying interest rates and lending conditions have influenced buyer behaviour . Investors have looked away from the city and focused on Central Queensland for greater capital growth opportunities.
2020 - 2025: Performance by suburb
The following figures demonstrate growth in Rockhampton’s most popular suburbs:
The Range
Houses: 2020: $395,000
2025: $640,000
Five-year growth: 62.0%
12-month growth: 19.1%
Units: 2020: Data not available
2025: $365,000
Five year growth: n/a
12 month growth: 18.5%
Allenstown
Houses: 2020: $259,750
2025: $442,000
Five-year growth: 70.2%
12-month growth: 30.4%
Units: 2020: $235,000
2025: $380,000
Five-year growth: 61.7%
12-month growth: 22.6%
Wandal
Houses: 2020: $305,000
2025: $535,000
Five-year growth: 75.4%
12-month growth: 12.4%
Units: n/a
Frenchville
Houses: 2020: $330,000
2025: $591,300
Five-year growth: 79.2%
12-month growth: 14.8%
Units: 2020: n/a
2025: 462,911$
Five-year growth: n/a
12-month growth: 48.1%
Rockhampton City
Houses: 2020: $180,000
2025: $377,500
Five-year growth: 109.7%
12-month growth: 32.0%
Units: 2020: $434,000
2025: $460,000
Five-year growth: 6%
12-month growth: -3.2%
Berserker
Houses: 2020: $230,000
2025: $440,000
Five-year growth: 91.3%
12-month growth: 22.2%
Units: 2020: $210,000
2025: $365,000
Five-year growth: 73.8%
12-month growth: 21.9%
Koongal
Houses: 2020: $250,000
2025: $462,500
Five-year growth: 85%
12-month growth: 17.7%%
Units: 2020: $95,000
2025: $256,000
Five-year growth: 169.5%
12-month growth: 47.6%%
Kawana
Houses: 2020: $298,000
2025: $550,000
Five-year growth: 84.6%
12-month growth: 20.1%
Units: 2020: $237,500
2025: $400,000
Five-year growth: 68.4%
12-month growth: 39.1%
Gracemere
Houses: 2020: $312,250
2025: $560,000
Five-year growth: 79.3%
12-month growth: 21.5%
Units: 2020: n/a
2025: $375,000
Five-year growth: n/a
12-month growth: 18.7%
Parkhurst
Houses: 2020: $358,000
2025: $665,000
Five-year growth: 85.8%
12-month growth: 2.9%
Units: n/a
Yeppoon
Houses: 2020: $389,500
2025: $742,500
Five-year growth: 90.6%
12-month growth: 16.9%
Units: 2020: $328,500
2025: $500,000
Five-year growth: 52.2%
12-month growth: 8.5%
What’s coming next?
We have witnessed incredible growth, and while things are by no means going backwards, it’s likely increases will steady over the next few years, mostly because investors will turn their attention back to metropolitan areas due to decreasing interest rates.
After such outstanding results, now is an excellent time to capitalise on the growth your property has experienced, regardless of its location in Rockhampton. We have buyers who are ready and waiting to make strong offers on good quality homes and units, so get in touch to work with a highly experienced local real estate agent today.
