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The upper end of the market in Rocky has taken a fair hit in the past 12 months while the lower end of the market has generally held steady. Rents were falling and vacancies rising for a while, although things look like they are slowly moving the right way now according to the REIQ's most recent...

With the exception of Cairns and key South East Queensland major centres, pretty much all of Queensland's main centres have soft rental markets with some parts of Brisbane also now easing up (Logan and parts of inner Brisbane). Gladstone and Mackay have been hit the hardest, followed by...

Gracemere is where a big chunk of Rockhampton's population growth is occurring due to land constraints in the existing main urban area. The main urban area can't continue growing unless it consolidates as it surrounded by flood plains, lagoons and hills on all sides except to the north (which...

On the development side, the amount of new housing development around Gracemere has slowed to a trickle which has contributed to an improving rental situation in the satellite centre. On the other side of Rockhampton on the north side, the amount of new development hasn't really changed and...

What is your motivation for selling? It isn't really a sellers market around Rocky at the moment.

The levee is still in preliminary design stage and funding for it has not yet been committed to by either the Queensland or Federal governments. It looks likely to happen, however it still won't make Depot Hill flood proof from the worst floods equivalent to the 1918 level. As per a previous...

Prices are pretty flat overall with small increases in some of the older suburbs. Rents are still falling very slowly but have stabilised in the past few months. When the rents were still rising up until last year, the prices didn't follow and remained flat. Now that the rents are falling back...

Wandal is a fairly typical Rockhampton suburb, I do think there is some good value in Wandal - pretty stable without too much sharp ups and downs. Prices would be fairly level or even increased a little in the past year, but the rental market is still a bit soft on the back of the increase in...

I was in Rockhampton earlier today to do a bit of investigating into the supply side of the chain, particularly in the Gracemere and Norman Gardens areas where most of the new supply is coming on line. The last time I was in Gracemere was back in April 2013. This is what I noted: Gracemere...

The South Rockhampton levee will help values in Depot Hill, but flooding is far from the only problem the suburb has.

The location would be enough for me to say no! :eek:

I've had a chat to my property manager - things are better than they were a few months ago, but certainly not where things were 12 months ago when Rocky had just about the tightest rental market in QLD - rental prices had come back, but anything that is well priced and in good condition is...

If it were me, I'd hold on to it for the time being. Rocky may not do much within the next few months but it's certainly not declining either. Given that it has been renovated, you'll probably have an easier time renting it out than many of the more run down places (probably have good yield and...

That doesn't paint the full picture, however, as the trend for the 3 bedroom houses paints a slightly different picture: http://www.rta.qld.gov.au/Resources/Median-rents/Median-rents-quarterly-data/~/media/Statistics/Median%20rents/Dec%202013/new-MR-Central%20Qld%201312.ashx Yes, the rents...

We've seen a bit of this in Townsville recently, which is having a similar experience to Rockhampton in recent times with higher vacancy rates and highly impacted new estates. There's been small price growth in many of the older existing areas, while the newer estates in places like Deeragun and...

Gladstone is not 10 minutes from Rocky? Try 75 minutes. When prices were rising in Gladstone, they had next to no impact on prices in Rocky. Why would they be impacting prices in Rocky now that prices in Gladstone are falling?

Koongal is a hilly residential area that is almost entirely housing with hardly any amenities or much nearby employment in the area, and a number of rundown pockets. Other areas like Park Avenue and Berserker have similar median house values but are closer to amenities and employment. The...

There's a number of estates under way in Parkhurst and Norman Gardens across North Rocky, but most of them are small releases, or small sections of larger estates gradually being released, so they aren't of too much concern at the moment. Out at Gracemere it is a completely different story where...

Potentially, there might be more people who might decide to move from the Rockhampton suburbs out to Gracemere once the Yeppen North road duplication upgrade (Bruce Highway southern entrance to Rocky) is completed later this year as this will further reduce travel times into Rocky from...

Property managers I've been chatting to have been pointing to a decline in rents across Rockhampton in the near future resulting from recent job losses in the area and spillover of oversupply from nearby Gracemere.