Depot Hill, situated in Rockhampton, Queensland, offers a unique blend of historical charm and affordability in its housing market. As one of the older suburbs in Rockhampton, Depot Hill is characterized by its classic Queenslander-style homes, which are elevated on stilts to protect against flooding. This area generally offers more affordable housing options compared to some of its neighboring suburbs, making it an attractive choice for first-time homebuyers and investors alike. The market here is relatively stable, with properties providing good value for money and the potential for gradual capital growth as Rockhampton expands and develops further. Despite occasional flooding concerns, recent infrastructure improvements have aimed to alleviate some of these issues, adding more appeal to potential buyers looking at Depot Hill.
Living in Depot Hill comes with a distinct community feel, accompanied by the charm of its historical roots. Residents often enjoy a quieter lifestyle with easy access to Rockhampton's amenities, as it is conveniently located near the city center. Those living here benefit from the proximity to educational institutions, local shops, and recreational areas, including the Botanic Gardens and Zoo, which are just a short drive away. The suburb also has a strong sense of community, where neighbors often know each other, giving it a friendly, small-town atmosphere. While Depot Hill may lack some of the more modern conveniences of newer developments, its affordability, unique housing styles, and close-knit community make it a distinctive place to call home.
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Housing Stock
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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.
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.
Instant Property Valuation
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4 Arthur Street, Depot Hill, QLD, 4700 |
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Offers Over $65,000 | ||
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344 East Street, Depot Hill, QLD, 4700 |
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Offers over $270,000 Considered | ||
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357 Murray Street, Depot Hill, QLD, 4700 |
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240000 |
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 | |
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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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