Depot Hill, QLD
Powerhouse with zero vacancy
Amid growing affordability pressures in Australia’s major cities, Rockhampton’s Depot Hill is emerging as a standout regional investment opportunity. Offering a rare combination of affordable entry, remarkable growth and exceptional rental returns, this suburb has captured the attention of investors across the nation.
Record-breaking market performance
Median house price: $260,000 (below capital city benchmarks)
12‐month capital growth: +27% (among the highest nationwide)
Gross rental yield: 8.1% (well above national and regional averages)
Vacancy rate: 0.0%
Depot Hill’s performance lands it firmly among Australia’s elite high-yield, fast-growth locations - even ahead of many regional hotspots.
Economic drivers fuelling demand
Rockhampton’s economy is thriving thanks to billions in infrastructure investment, supporting jobs and placing sustained upward pressure on housing demand.
Major projects like the $1.73 billion Ring Road are dramatically improving connectivity and generating thousands of jobs in construction and regional services
Broad-scale development across water, sewerage, and civic infrastructure under the Works for Queensland program is contributing to an economic boom
Capricorn Enterprise estimates a total pipeline exceeding $4.4 billion in regional projects, solidifying Rockhampton’s role as a regional engine of growth
Depot Hill: a suburb poised for growth
Located just south of Rockhampton’s CBD, Depot Hill offers:
Close proximity to essential services, shops, schools and public transport
A tight-knit community atmosphere with heritage charm
Zero vacancies, underscoring exceptional rental stability - tenants are in strong demand
Why Depot Hill stands out
Infrastructure spend: $1.7B Ring Road, W4Q, capex valued at $4.4B
Regional economic drivers: mining, agriculture, civic services, defence prep
From a research standpoint, Depot Hill embodies a rare trifecta: affordability, growth and yield - a combination seldom found without capital-city premiums.
Australian Property Research verdict
Depot Hill is a top-tier regional opportunity that defies typical market cycles. It offers both income and equity upside in a stable, vacancy-free environment.
Investors prioritising cash flow, tenant security and long-term capital appreciation - and who are priced out of the big city market - will find this suburb exceptionally compelling.
Affordable price, zero vacancy and hard to beat yield - everything lines up for long‐term returns in Depot Hill.
