Depot Hill our most affordable
FOR Rockhampton’s Leonie Storey and her son, nothing beats a cool breeze, a fishing spot across the road and affordable rent.
That’s why the 42-year-old never wants to leave her Depot Hill rental home on Quay Street, one of the most affordable suburbs in Rockhampton.
RP Data’s November median house price sales revealed Depot Hill, Rockhampton City and West Rockhampton to be three of the most affordable places to live in Rockhampton.
Depot Hill’s median house price was $173,500, Rockhampton City was $181,000 and in West Rocky the average house price was $200,000.
Overall, the city’s median house price for that month was $287,000. It comes after the Beef Capital was revealed as Queensland’s most affordable major centre to live in.
Master Builders this week released its State of the Housing Industry Report for the December 2009 quarter, which showed the Rockhampton district to have the lowest house price to household income ratio of any of the 15 major population centres in the state.
Rockhampton real estate principal Kas Woch said their first lot of open houses for 2010 last Saturday attracted plenty of genuine buyers.
“Rocky continues to be very affordable and there are still opportunities for first-home buyers to get into the market,” Mr Woch said.
But the bargains aren’t restricted to these three suburbs.
He said currently a Lakes Creek home on 916 sq m was listed for $198,000 and in Frenchville a two-bedroom unit was selling for $200,000.
Leonie has lived in her sister’s Depot Hill house for the past 12 years and she wouldn’t live anywhere else.
“We have beautiful views, a nice breeze and we have always fished across the road,” Leonie said.
She said her sister bought the house in the 1980s for about $98,000.
“My sister has had a couple of offers but I won’t let her sell it.”