Rockhampton seeing no defined trend amongst buyer types; Herron Todd White

Rockhampton seeing no defined trend amongst buyer types; Herron Todd White
Rockhampton seeing no defined trend amongst buyer types; Herron Todd White

Rockhampton homes vary greatly from pre-1900s Queenslanders right through to your modern estate built brick homes, according to a recent report from valuation firm Herron Todd White.

“Typically, the older established areas such as Wandal, The Range and Allenstown in the south and Berserker, Park Avenue and Koongal on the north side comprise high set timber and fibro homes, mostly being built between 1930 and 1975,” the March report found.

"After this, the 1980s through to the early 2000s suburbs such as Frenchville, Norman Gardens and Kawana experienced expansion in the form of single and two-level brick homes."

“As to buyer profiles, there has never been a defined trend amongst the various buyer types as most categories have been spread across these areas.”

“It should be noted however that in more recent years many of the first home owners have been attracted to new housing estates in suburbs such as Gracemere, Parkhurst and Norman Gardens, taking advantage of the government grants and financial benefits on offer.”

The older suburbs however can in many cases offer much lower entry level prices which can also be attractive.

The last decade has seen a large number of first home owners buying and upgrading albeit some choose to renovate or extend their existing homes.

In summary, the report concluded, it is difficult to foresee any major changes in these buyer profiles moving forward and a sporadic spread is the best way to sum up where different types of home owners are operating.

“Whether it be upgraders, downsizers, retirees, family buyers or first home owners, all of these various profiles are operating within the various suburbs discussed above.”

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Residential Property Herron Todd White

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