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LGA · QLD · CENTRAL QUEENSLAND

Rockhampton Region

The Beef Capital — economy forecast to double to $12B by 2041, population to 100K, sub-$700K entry. Roughly 640km from Brisbane CBD.
Central Queensland Hotspotting refresh: Jun 2026 640km from CBD

Investment thesis

What this LGA is for
Central Queensland regional centre on the Fitzroy River. Known as the Beef Capital of Australia. Gross Regional Product $6.93 billion (FY2024, +2.2% YoY), expected to exceed $12 billion by 2041. Population set to reach almost 100,000 by 2041. Diversified economy: beef + agriculture + manufacturing + mining + tourism + military (Shoalwater Bay Military Training Centre) + education + resources. Several large-scale renewable energy projects either proposed or underway. FY2026 Council operating revenue $291.7 million with $160 million+ committed to capital works. Every significant location in the LGA recorded strong YoY house growth (+8% to +40%). Sub-$700K median entry across the LGA with strong 4-5% gross yields and tight vacancies.

Key numbers

Snapshot of the Rockhampton Region economy and demographics.

Gross Regional Product (FY2024, +2.2%)
$6.93B
Forecast GRP by 2041 (DOUBLES)
$12B+
Forecast population by 2041
100K
FY2026 Capital Works
$160M+

Infrastructure pipeline

The committed and in-flight infrastructure spend reshaping the LGA.

Major
Billions in renewable energy projects
Several large-scale renewable projects proposed or underway. Multi-decade energy transition employment driver.
Major
Shoalwater Bay Military Training Centre
Major ADF training facility. Multi-decade Defence employment + services economy.
Major
Beef + agriculture industries
Australia's Beef Capital. Anchor agricultural + processing + freight economy.
$160M+
FY2026 Capital Works
Council infrastructure spending. Roads, drainage, parks, community facilities.
Major
Manufacturing + mining base
Diverse manufacturing + Central Queensland mining services. Multi-sector employment.
Major
Resources sector
Mining services + resources processing. Underpins regional employment.
Major
Revitalised CBD program
Major Rockhampton CBD renewal driving urban amenity.
Major
Education sector
CQUniversity Rockhampton + TAFE. Higher-ed employment + student rental demand.
Major
Tourism + lifestyle economy
Capricorn Coast tourism + Great Keppel Island access. Gateway to Yeppoon.

Suburbs in scope

Suburbs we actively track within Rockhampton Region. House market data from PropTrack via Hotspotting LGA report (12 months trailing).

SuburbMedianYield1yr growthVacancyRead
Parkhurst$805K4.20%+19%0.70%LGA premium estate
Norman Gardens$730K4.60%+17%0.60%Established premium
Frenchville$673K4.80%+16%0.60%Established middle-tier. 205 sales/yr
The Range$680K4.70%+24%0.60%Strong YoY. Premium suburb
Gracemere$638K4.30%+20%0.70%Volume leader (274 sales/yr). Growth corridor
Kawana$636K4.90%+26%0.70%Strong YoY growth
Wandal$605K5.00%+11%0.70%Established middle-tier
West Rockhampton$575K5.10%+20%0.80%Inner middle-tier
Park Avenue$557K5.20%+20%0.80%Affordable middle-tier
Koongal$531K5.00%+20%0.80%Affordable middle-tier
Berserker$505K5.30%+19%0.80%Volume (207 sales/yr). Affordable
Allenstown$497K5.40%+21%0.80%Affordable LGA entry
Rockhampton City (House)$399K4.70%+8%1.00%CBD core house market. Most affordable LGA entry
Depot Hill$370K4.60%+40%1.20%STRONGEST YoY HOUSE GROWTH (+40%)
Mount Morgan$330K5.00%+27%1.20%Outer historic mining town
Rockhampton City (Unit)$545K5.50%+35%0.80%Strong unit market YoY

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