OFF MARKET

29 Albert Street
Rockhampton City QLD 4700

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 405m2
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Property Details for 29 Albert St, Rockhampton City

29 Albert St, Rockhampton City is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in July 1998.

Building Type
House
Land Size
405m2
Local Government
Rockhampton Regional
Lot/Plan
4/RP602504

Last Listing description (July 2016)

The Motel market in Rockhampton has always been strong and this lease hold property allows the new owner the opportunity to secure a great business.
44 rooms with a variety of configurations
Managers residences, conference room, restaurant

Circa 260k net profit-31.14% return
16 years remaining on lease
Upgraded bedding and air-conditioning
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Property History for 29 Albert St, Rockhampton City, QLD 4700

A timeline of how this property has performed in the market
Last Sold
$47,000
06 Jul 1998
Listed for Rent
$230/w
08 Nov 2012
  • 29 Mar 2014
    Listed for Sale PRICE REDUCED: $550,000
  • 27 Oct 2012
    Listed for Rent - Price not available
  • 14 Mar 2006
    Listed for Rent - Price not available
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About Rockhampton City 4700

The size of Rockhampton City is approximately 2.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Rockhampton City in 2011 was 2,244 people. By 2016 the population was 1,954 showing a population decline of 12.9% in the area during that time. The predominant age group in Rockhampton City is 50-59 years. Households in Rockhampton City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockhampton City work in a professional occupation. In 2011, 41.4% of the homes in Rockhampton City were owner-occupied compared with 41.1% in 2016.

Rockhampton City has 2,248 properties. Over the last 5 years, Houses in Rockhampton City have seen a 90.68% increase in median value, while Units have seen a 78.42% increase. As at 30 September 2024:

  • The median value for Houses in Rockhampton City is $305,616 while the median value for Units is $532,614.
  • Houses have a median rent of $420 while Units have a median rent of $440.
There are currently 32 properties listed for sale, and 18 properties listed for rent in Rockhampton city on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Rockhampton city.

Suburb Insights for Rockhampton City 4700

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.