262 East Street, Depot Hill QLD 4700
262 East Street, Depot Hill QLD 4700
262 East Street, Depot Hill QLD 4700 appears to be a 3-bedroom, 1-bathroom, 2-car detached house on roughly 506–507 m² of land, last sold in 2023 for about $275k, with a separate listing also describing it as a 2-storey home with 2 living areas, hardwood flooring, and a fully fenced lot. The property was listed for sale as a house in Depot Hill.
3-bed 1-bath 2-car detached | 506m² fully fenced | 2-storey hardwood floors | inner-city Rockhampton | suited to first-home buyers or investors
This property is positioned as an entry-level detached house within an established inner-city suburb of Rockhampton. Its two-storey layout with two living areas and hardwood flooring is considered a competitive advantage, offering more internal space than typical single-level homes of this size. The fully fenced 506-square-metre lot with off-street parking for two cars is appreciated by both first-home buyers and investors. The configuration of three bedrooms, one bathroom, and separate living zones is thought to serve households who value separation of spaces. Condition and finish quality are not verified, but character features are interpreted as having traditional appeal. It is located in a neighbourhood of older housing stock, where steady demand is observed from owner-occupiers and tenants.
Value may be influenced by the single bathroom, which could be seen as a limitation for some buyers. The property’s age and renovation history are unverified, so maintenance costs should be considered against the land value. Market conditions for older detached houses in this corridor are generally stable. Any upside might be realized through interior upgrades or improved energy efficiency, though capital expenditure would need to be justified by comparable evidence.
Detailed Independent Property Report prepared by PropCred Analyst team for 262 East Street, Depot Hill QLD 4700
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Depot Hill presents as a tightly held, high-yield market within Rockhampton, characterised by exceptionally strong recent capital growth and rapid sales velocity. Demand is driven by affordability-focused buyers and investors seeking robust rental returns, supported by a low-income demographic profile. This momentum has created a highly competitive environment for houses, though the market’s future trajectory may be tempered by its relative affordability ceiling and limited unit activity, suggesting a potential moderation from recent peaks.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
507m²
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