236 George Street, Rockhampton City QLD 4700
236 George Street, Rockhampton City QLD 4700
3-bed character house | central city convenience | walk to hospital and schools | strong rental interest | established Queenslander-style stock
The property is presented as a three-bedroom, one-bathroom house with single-car parking, positioned in the heart of Rockhampton City. Its central location is considered the standout strength, with genuine walkability to the hospital, schools, shops, cafés and restaurants. The character housing stock is known to appeal to buyers seeking established homes with renovation potential. The configuration is well suited to first-home buyers, families and investors alike, with rental demand supporting income potential. The property is positioned within a practical, mixed-use environment where convenience is seen as the primary driver of demand.
Maintenance typical of older construction may be required, including restumping or roof attention. The final price may be influenced by land size, internal finish and building age. Light and comfort may be affected by orientation and aspect, while purely residential appeal might be reduced by the mixed-use environment. Condition and presentation at inspection are expected to be decisive.
Detailed Independent Property Report prepared by PropCred Analyst team for 236 George Street, Rockhampton City QLD 4700
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Rockhampton City’s median house price sits at $623,000 after 19.5% annual growth, with 352 sales and supply at a razor-thin 0.2 months (98 listings). Demand is driven by intra-regional movers and investors targeting $600,000–$650,000 entry points, supported by the city’s role as a regional employment hub and infrastructure-led expansion. Population has risen from under 80,000 in 2016 to roughly 84,000, with forecasts approaching 100,000 by 2041. Vacancies at 0.9% and sharply rising rents underscore extreme tightness. Future growth hinges on major projects and residential corridors, though premium suburbs like Parkhurst reaching mid-$700s signal affordability constraints, and the market remains sensitive to broader economic conditions.
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PropCred Estimated Value
Comparable Sales: 236 East Street sold for $435,000 | Property Price Band: $400K–$500K | Value Drivers: condition, land size, central location
Bedrooms
3
Bathroom
1
Parking
1
Land
674m²
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