15 Peltophorum Street, Koongal QLD 4701

Koongal is riding strong affordability-driven demand, with investors and first-home buyers chasing stock as Rockhampton’s job growth and Ring Road works keep listings shifting in about 11 days. Median house values sit near $502k, about 13% higher year-on-year, and the past six months remain upward as tight listings and sub-two-month inventory keep pricing resilient. Low IRSAD and a 32-year affordability stretch limit the buyer pool, yet contained local approvals and solid yields keep income-focused investors confident while upside stays moderate.