People are keen to move into real estate in Rockhampton because it offers a combination of positive features, a leading publication has said.
Your Property Investment magazine named Rockhampton in its Hottest 50 report, outlining various reasons why people are looking to make the area their home.
The magazine revealed: "The local economy is strong, it's affordable and the climate, moderated by the nearby ocean, is mild.
"This is a contrast to some of Queensland's emerging mining centres, which are typically hot and expensive."
The report also gave special mention to real estate in Norman Gardens – one of Rockhampton's most popular areas.
The suburb was given an investment score of 73 out of 100, as it scored particularly strongly in terms of affordability, the Rockhampton Morning Bulletin reports.
Rockhampton was also recently named a great place for investors to purchase rental property by the Real Estate Institute of Queensland, at a time when many other regions have experienced a decline in activity.
The residential vacancy rate in the city stood at 2.7 per cent in March, with no change since December last year, leading the group to rate the area's rental market as steady.
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