Parkhurst QLD

Postcode 4702 · Rockhampton LGA

Parkhurst is a smaller suburb in Queensland within the Rockhampton local government area (postcode 4702). With a population of 3,043, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $116K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.

The median house price in Parkhurst is $495,000, having surged 20% over the past year. Units have a median price of $420,000 (+23.5% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,842.

Parkhurst is served by 1 school, including 1 primary. The average ICSEA score is 972, which is around 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, Parkhurst offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($495K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved +20.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.3% High Yield
Price vs State$495K/$1.1M Below Median
Affordability4.3x Affordable
Price Momentum+20.0% Rising
INCOME (ATO 2022-23)
Median Income$63,870
Mean Income$71,956
Earners5,003
YoY Change+6.6%
SEIFA INDEX (ABS)
Advantage7/10
Education5/10
Economic7/10
Disadvantage7/10
MEDIAN HOUSE
$495K
20% YoY
MEDIAN UNIT
$420K
23.5% YoY
MEDIAN RENT /WK
$360
POPULATION
3,043
DEMOGRAPHICS
Median Age32
Household Size2.9
HH Income /wk$2,227
Personal Income /wk$981
Mortgage /mth$1,842
CRIME (Rockhampton LGA)
Crime Rate (per 100k)11,689
Total Incidents11,689
SCHOOLS (1)
Avg ICSEA972
Total Students428
Government1
Parkhurst State SchoolPrimary · Government · ICSEA 972
Data: 2024