Lakes Creek is a small community in Queensland within the Rockhampton local government area (postcode 4701). With a population of 633, the suburb has an established demographic with a median age of 40. Households earn a median income of $105K per year, with an average household size of 2.7 people. The most common occupations are community & personal service, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Lakes Creek is $380,000, having surged 22.6% over the past year. Units have a median price of $175,000 (+28.2% YoY). The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Lakes Creek is served by 1 school, including 1 primary. The average ICSEA score is 888, which is well below the national average of 1,000. The crime rate in the Rockhampton LGA is higher than average at 11,689 incidents per 100,000 population.
From an investment perspective, Lakes Creek offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($380K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved +22.6% year-on-year.
Lakes Creek is a small community in Queensland within the Rockhampton local government area (postcode 4701). With a population of 633, the suburb has an established demographic with a median age of 40. Households earn a median income of $105K per year, with an average household size of 2.7 people. The most common occupations are community & personal service, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Lakes Creek is $380,000, having surged 22.6% over the past year. Units have a median price of $175,000 (+28.2% YoY). The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Lakes Creek is served by 1 school, including 1 primary. The average ICSEA score is 888, which is well below the national average of 1,000. The crime rate in the Rockhampton LGA is higher than average at 11,689 incidents per 100,000 population.
From an investment perspective, Lakes Creek offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($380K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved +22.6% year-on-year.