‘Rocky’ – A Great Place to Invest, and Even greater Place to Live!
Rockhampton, the capital of Central Queensland is situated on the Tropic of Capricorn only 25 minutes from the Pacific Ocean. The city is divided by Queenslands largest and most picturesque river, the Fitzroy. Located between the Capricorn Coast and the hinterland Rocky with it’s unlimited water supply has become an oasis in an otherwise dry, sub tropical area.
Capricornia region has a population of 155,000. 62,000 of these live in Rockhampton the regional hub and enjoy all the modern facilities and conveniences of a larger city. These include three regional shopping centres, modern office buildings, cultural centre, theatre complex, sporting facilities and regional offices of both state and federal government. With all this Rocky still boasts a safe friendly country atmosphere.
Founded in 1855, local architecture is a pleasing mix of colonial through to modern. Homes in the suburbs south of the river are predominantly older Queensland architectural styles from modest workers cottages through to sprawling colonials on the ‘Range’. The northern suburbs on the other hand contain most of the modern homes with Frenchville and the rural residential areas being the most popular. The median price of a home is about $250,000 making it a very affordable city in which to live and raise a family.
Major industries in the region include mining, agriculture, cattle and education. Coal from the nearby Bowen Basin with estimated reserves of 10,000 million tonnes is the major mining activity. Rockhampton is recognised throughout the world as Australia’s Beef Capital. Two major meatworks handle the huge volume of cattle, supplying both local and export market. A Beef Expo is held every four years generating huge national and international interest. Beef 2003 was a major international draw card and success.
Noted for it’s excellent education facilities Rockhampton is well served by both private and public schools, several for boarders. It’s two Grammar Schools having the highest of reputations. CQUniversity is also a major benefit to the city with external campuses throughout Australia and overseas.
With a widespread base of industry, commerce and primary production the local economy tends to be stable with moderate but sustained growth. Real Estate values, in all sectors, reflect this stability and offer realistically priced investment opportunities with medium to long-term capital gains.
Source: Rockhampton Regional Council www.rockhampton.qld.gov.au