Rockhampton Short-Term Rental (Airbnb) Market
Rockhampton QLD Investment Analysis
SUBURB INVESTMENT BRIEF — Rockhampton, QLD 4700 LGA: Generated: 2026-04-11 | Estait AI Analysis
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EXECUTIVE SUMMARY
Overall Score: 66/100 — Buy
Rockhampton rates as "Buy" due to weak growth indicators, tight rental market (0.3% vacancy), attractive 5.7% gross yield.
Rockhampton sits in a growth phase of the property cycle with an overall investment score of 66 out of 100. This assessment reflects the suburb's growth trajectory, rental market health, economic resilience, and infrastructure positioning within the QLD market.
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MARKET POSITION
Median house price: $319,768 Median unit price: $158,997 Median weekly rent: $350/week Days on market: 23 days (improving)
Rockhampton offers an accessible entry point in the QLD property landscape. Properties are spending an average of 23 days on market, indicating strong buyer competition.
Comparable suburbs: - Bundaberg (QLD): Median $291,160, yield 6.2%, 1yr growth -4.9% - Charters Towers (QLD): Median $287,871, yield 6.3%, 1yr growth -4.0% - Gladstone (QLD): Median $384,064, yield 4.7%, 1yr growth 4.0%
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RENTAL MARKET
Gross rental yield: 5.7% Net rental yield: 4.2% Vacancy rate: 0.3% (stable) Rental demand: Very High
The rental market in Rockhampton is characterised by very high demand with a vacancy rate of 0.3%, which is well below the national average of approximately 2.5%. Vacancy is trending stable, maintaining steady conditions.
Short-term rental data indicates a median nightly rate of $185 with an estimated occupancy of 70%. This translates to an estimated annual STR revenue of $47,268 before expenses. This represents a 160% premium over estimated long-term rental income of $18,200/year, though STR comes with higher management costs and regulatory risk.
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GROWTH OUTLOOK
Population growth (5yr): 0.5% Price CAGR (5yr): 0.6% Capital growth (3yr forecast): 0.7% Supply pipeline: Moderate
Development activity consistent with long-term averages
Infrastructure & transport: - No major infrastructure projects identified. Transport: Well-connected inner-city location
If Rockhampton maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $367,733 within 3 years with yields compressing slightly as capital values rise.
At current trajectory (0.5% growth, 0.3% vacancy, 5.7% yield), Rockhampton offers steady returns with moderate capital appreciation in line with broader market trends.
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RISK ASSESSMENT
Market cycle position: Growth Vacancy risk: Low
Key risks: - No significant risk factors identified for this suburb
Interest rate sensitivity (est. monthly repayment on median house price, 80% LVR): - At 7%: $1,702/month - At 8%: $1,877/month - At 9%: $2,058/month
A market correction or interest rate shock could see prices in Rockhampton pull back 10-15% from $319,768, with vacancy rising to 0.5% and rental yields softening as tenants gain leverage.
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LIVEABILITY
Affluence rating: Below Average Safety score: 6.0/10 Walkability: 90/100 Owner-occupied: 30%
Schools: - Rockhampton Public School (primary): Rating 10.0/10 - Rockhampton East Public School (primary): Rating 9.5/10 - Rockhampton West Public School (primary): Rating 9.0/10 - Rockhampton High School (secondary): Rating 10.0/10
Rockhampton provides affordable living with good safety ratings and strong walkability. The 30% owner-occupier rate indicates a predominantly rental market.
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RECOMMENDATION — BUY
Rockhampton presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels.
Conditions: Proceed with due diligence on specific properties. Target gross yields above 5.7% and prioritise properties with value-add potential. Consider timing entry around the current growth phase of the market cycle.
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KEY ACTION ITEMS
1. Shortlist properties in the $287,791 - 351,745 range for deeper analysis 2. Verify current vacancy and rental rates with local property managers 3. Assess STR regulatory environment with local council 4. Model cash flow at 7%+ interest rates before committing 5. Engage a buyer's agent with Rockhampton market expertise for off-market opportunities
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Disclaimer: This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.