Thinking about buying in Depot Hill? Now could not be a better time, with 613 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $242,000 with prices in this suburb ranging from $61,000 to $806,000. The aproximate distance to the coast is 21 Km.
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In Depot Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Depot Hill is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Depot Hill changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Depot Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Depot Hill we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Depot Hill a better buying opportunity than it may have been in the past.
13 arthur st, depot hill, qld, 4700 | 3 | 1 | 1 | $270,000 - $290,000 | |
76 wharf st, depot hill, qld, 4700 | 3 | 2 | 3 | $489,000 |
Depot Hill State School
Rockhampton Special School
Allenstown State School
Rockhampton Flexible Learning Centre
St Peter's Catholic Primary School
The Cathedral College
Kingsley College
Rockhampton Girls' Grammar School
Port Curtis Road State School
The Rockhampton Grammar School
(While the above schools are located with the suburb of Depot Hill there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.9 | 23.1 | 32.6 | 45.8 | 88.4 | 3.9 | 24.5 |
Feb | 5.8 | 22.9 | 32.0 | 49.8 | 90.3 | 3.8 | 22.9 |
Mar | 5.6 | 22.1 | 30.8 | 51.8 | 91.2 | 3.6 | 19.8 |
Apr | 0.9 | 19.1 | 29.3 | 44.6 | 89.6 | 3.3 | 18.7 |
May | 1.0 | 14.5 | 26.3 | 40.1 | 90.5 | 2.9 | 16.1 |
Jun | 0.7 | 11.8 | 24.5 | 39.8 | 92.8 | 2.6 | 14.4 |
Jul | 1.7 | 11.1 | 24.1 | 38.8 | 92.5 | 2.6 | 15.2 |
Aug | 0.5 | 11.6 | 26.5 | 30.1 | 90.6 | 2.5 | 18.1 |
Sept | 0.7 | 14.8 | 28.7 | 30.9 | 88.9 | 3.0 | 21.7 |
Oct | 1.6 | 17.8 | 30.0 | 36.9 | 90.6 | 3.4 | 24.5 |
Nov | 1.4 | 20.1 | 31.2 | 40.7 | 89.2 | 3.5 | 26.3 |
Dec | 3.8 | 22.0 | 33.1 | 39.9 | 87.1 | 3.6 | 26.8 |
source: Australian Government Bureau of Meteorology
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