Gracemere
Data led market context, rankings and research insights prepared by High Income Property.
Gracemere market snapshot
Key property, rental and demographic indicators from the report, compiled by the HIP buyers agent research team.
Gracemere PPI Ranking
Rising
Two years of sales activity: 284 sales over 12 months.
Early to mid growth phase.
Sales volumes are turning up against a backdrop of sustained tight competition, prices are up 19% over the past year, and the pressure environment remains firmly supportive.
Sales per quarter
November 2024 to August 2026
Market pressure right now
Market pressure has pulled back from its peak but remains in the warm band. The Thermometer has eased from 81 to 66 over the past 12 months, yet inventory is tight at 2.4 months, median days on market is 32 days, 82.4% of sales are selling above asking, prices are up 19% over the past year and the PPI classification is Rising.
Pressure trajectory
Palash DaveFounder and buyers agent, High Income Property
The suburb looks good. Does the property?
A suburb report tells you where the market sits. It cannot tell you whether a specific lot backs onto a drainage reserve, sits inside a flood or bushfire overlay, faces a future road widening, shares a boundary with a planned childcare centre, or is priced above comparable sales two streets away. Those details move the result more than the suburb averages do.
HIP prepares a detailed property report on the exact property you are considering, covering:
- Lot, title and registration status, plus overlays and easements
- Street-level comparable sales and realistic rent, not suburb medians
- Surrounding land use, zoning and nearby development applications
- Build contract, inclusions and fixed-price protection for new builds
Palash Dave reviews every report personally as the buyers agent Queensland investors deal with directly at HIP.
PPI and Thermometer explained
Where the market is heading next
The Price Predictor Index classifies where each market sits in its price cycle using sales activity over multiple quarters.
Rising Recovery Consistent Plateau Inconsistent Declining SNR
A 0 to 100 read on market pressure
The Thermometer blends five inputs: sold above asking, inventory, vacancy, days on market and quarterly price growth.
0 to 24
25 to 39
40 to 54
55 to 67
68+
Want the full PPI and Thermometer methodology for Gracemere?
See exactly how the Price Predictor Index and the Hotspotting Thermometer are calculated, and how Gracemere scores against each input.
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Gracemere misses the EMPIRICAL test
6 of 9 tests passed. The report assesses nine long term market drivers, and all nine must pass to clear the EMPIRICAL bar.
Economy ✓
Rockhampton has a broad, well diversified industry base, with the largest single sector accounting for only 18% of jobs.
Market size ✓
284 sales in the past 12 months, comfortably above the report’s 40 sale minimum market depth threshold.
Population ✓
Rockhampton LGA population is 81,968, above the 20,000 minimum that supports a deep buyer pool.
Infrastructure ✗
The report finds no significant committed infrastructure investment within 35km of the suburb at the scale that drives long term housing demand.
Rental market ✓
Vacancy is 2.0%, below the 3% balanced market benchmark, and gross yield is around 4.6%.
Increasing employment ✗
The report finds no evidence of major employment generating infrastructure within 35km at the scale that drives permanent job growth.
Capital growth ✓
Prices are up 19% over 12 months and the PPI is Rising.
Acceleration ✓
The most recent quarter is reported as 81% higher than the same quarter last year.
Low risk ✗
The report states house prices across the LGA fell as much as 31% peak to trough at some point in the past 17 years, signalling boom bust risk.
Want the full EMPIRICAL formula results for Gracemere?
Get the complete nine point breakdown of the long term drivers behind Gracemere, including where the suburb is strongest and where it needs a closer look.
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Gracemere market context
Location overview
Gracemere is a residential and agricultural hub in the Rockhampton Region of Central Queensland, approximately 25 kilometres from the Rockhampton city centre. Investors weighing regional Queensland markets often work with a buyers agent Queensland specialist to compare Gracemere against other Rockhampton suburbs.
Real estate snapshot
The median house price is $685,000. Rental yield is 4.64%, vacancy is 1.96% and average days on market is 32 days. The median unit price is $480,500, with a 5.09% yield and 0% vacancy.
Demand vs supply
Houses recorded 284 sales over 12 months with 2.38 months inventory. The report records 19% 12 month growth and 17% five year average growth. Units recorded 12 sales with 1.01 months inventory and 27% 12 month growth.
PPI insights
House classification is Rising, with sales volume momentum building and tight inventory. Unit activity is marked as statistically not reliable because only 12 unit sales were recorded over the 12 month period.
Population and demographics
Postcode population is 29,819. Rockhampton LGA population is 81,968. Home ownership is 65.7%. Health care and social assistance is the largest employer at 18.3%, followed by education and training at 10.0% and retail trade at 9.8%.
Risk and balance
The report notes affordability pressure from rapid price growth against local incomes, a house yield of 4.64% that trails price momentum, and a thin unit market with zero vacancy as points to consider alongside the suburb’s house market strength.
Demographic indicators
Top industries
18%
10%
10%
8%
Major projects
| Project | Value | Status | Project details |
|---|---|---|---|
| Australian-Singapore Military Training Initiative (Shoalwater) | $2.3B | Design & Documentation, December 2028 | Military training facility and training area expansion |
| Smoky Creek & Guthrie’s Gap Solar Farm (Ulogie) | $550M | Pre Construction, 30/09/2028 | 720 MW solar farm |
| Capricorn Battery Energy Storage System (Gracemere) | $450M | Design & Documentation, Q4 2028 | 300 MW / 1.2 GWh battery energy storage |
| Baralaba North Mine Project (Baralaba) | $360M | Operational, Q2 2028 | Two mining leases covering 1,011.55 ha |
| Rolleston Coal Expansion Project | $300M | Operational, Q3 2025 | Exploration permits and mining leases |
| Dingo Solar Farm | $100M | Design & Documentation, Q4 2027 | Solar photovoltaic farm |
| Rolleston Solar Farm | $100M | Design & Documentation, Q2 2029 | 90 MW solar farm |
| Comet Ridge Mahalo Coal Seam Gas Project (Rolleston) | $50M | Design & Documentation, Q4 2027 | Authorities to prospect and petroleum leases |
| Living Gems Parkhurst | $20M | Design & Documentation | 170 site retirement facility |
| Riverside Waters Estate (Parkhurst) | $11.4M | Design & Documentation | 228 lot residential subdivision |
| Gracemere Secondary School | $10M | Pre Construction, 01/06/2027 | New secondary school and associated works |
| Central Queensland Renewable Energy Training Facility, Gracemere | $10M | Pre Construction | Educational establishment and site works |
This table is a web summary of projects listed in the supplied report and does not replace the report’s full project schedule.
Want the full Major projects schedule for Gracemere?
Unlock the full list of education, energy, industrial, residential and civic projects around Gracemere, with values, timing and construction status.
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Book a call with a suburb expertFree 30 minute strategy call. No obligation.
House and unit metrics
| PPI classification | Rising |
| Inventory | 2.38 mo |
| Sales, 12 months | 284 |
| Days on market | 32 |
| 12 month change | 19% |
| 5 year avg growth | 17% |
| Vacancy rate | 1.96% |
| Median price | $685,000 |
| Median rent | $570 |
| Rental yield | 4.64% |
| PPI classification | SNR |
| Inventory | 1.01 mo |
| Sales, 12 months | 12 |
| Days on market | 36 |
| 12 month change | 27% |
| 5 year avg growth | 17% |
| Vacancy rate | 0% |
| Median price | $480,500 |
| Median rent | $480 |
| Rental yield | 5.09% |
Median sale price snapshot
| Property type | 12 month median | Today’s estimate |
|---|---|---|
| 2 Bed House | Unavailable | $602,676 |
| 3 Bed House | $631,000 | $604,457 |
| 4 Bed House | $696,750 | $706,544 |
| 2 Bed Unit | $392,575 | $433,786 |
| 3 Bed Unit | $484,000 | $578,954 |
| 4 Bed Unit | Unavailable | Unavailable |
Research first, recommend second
Who we are
High Income Property is a buyers agency for investors, working with individual investors across Australia on new house and land packages and established property.
Each suburb presented to a client starts with market evidence including price and rent history, vacancy, supply, population and infrastructure research.
Where a new build is the right fit, HIP works with established builders on full turnkey fixed price packages.
As the investor’s buyers agent, HIP continues support through property selection, due diligence, contract review with the client’s solicitor, construction updates and property manager introductions.
How HIP is paid
High Income Property receives commissions from developers and builders on house and land packages it introduces.
For established property purchases, HIP charges a buyers agency fee agreed in writing before work begins.
Palash Dave, Founder and Director, High Income Property. Investment property strategist with a banking background, Sydney based and working with clients Australia wide.
Property options in Gracemere
These are indicative examples based on the report data at September 2026, not quotes, valuations or guarantees.
| Option | What it is | Indicative price band | Indicative rent | Who it tends to suit |
|---|---|---|---|---|
| Full turnkey fixed price house and land package | Registered or near registered lot plus a fixed price 3 or 4 bedroom single storey build. New land supply in Gracemere itself is limited, so packages are often sourced in nearby Rockhampton estates such as Parkhurst. | Priced case by case against current builder packages and local comparable sales. | Around $570 per week, in line with the Gracemere house median | Investors seeking a new home, depreciation benefits, lower early maintenance and one known total price. |
| Established house in Gracemere | Typically a 3 or 4 bedroom house in an established part of the suburb. | About $631,000 for 3 bed to $696,750 for 4 bed | Around $570 per week | Investors who prefer rent from settlement in a Rising market with tight vacancy. |
| Unit or townhouse in Gracemere | A 2 or 3 bedroom unit in a thin market, with only 12 unit sales over the past 12 months. | About $392,575 for 2 bed to $484,000 for 3 bed | Around $480 per week, 5.09% gross yield | Investors wanting a lower entry point and higher yield who accept limited resale data. |
| Established house elsewhere in Rockhampton | Comparison options across the Rockhampton LGA, including Park Avenue, the LGA’s top Thermometer performer. | Assessed against suburb medians and recent comparable sales | Varies by suburb | Investors comparing Gracemere with other Rockhampton markets before committing. |
What HIP would check next
Due diligence points
- Land status: titled or near registered land for short timeframes.
- Build contract: fixed price period, timing and land registration alignment.
- Overlays: Rockhampton Regional Council flood mapping and Queensland Globe checks where relevant.
- Queensland land tax: investor thresholds and current rates.
- Transfer duty and timing: treatment of land settlement and house and land structures.
- Cycle risk: the LGA has seen peak to trough falls of up to 31%, so assess the case on population, rent and employment fundamentals, not short term momentum alone.
What happens if you go ahead
- Strategy call: budget, borrowing, timeframe and portfolio goal.
- Shortlist: two or three specific properties or packages with price, rent, yield and holding cost.
- Due diligence and contracts: title, overlays, inclusions and contract validity reviewed with your solicitor and broker.
- Through to keys: settlement or construction updates, then property management introduction.
A free 30 minute strategy call
The report explains what Gracemere looks like today. The strategy call is where HIP, a buyers agent Queensland investors can speak with directly, works out whether the location fits the investor’s budget, borrowing capacity and timeframe.
Book your strategy callPhone: (02) 8007 4001
Email: support@highincomeproperty.com.au
Suite 121, Building A, 20 Lexington Drive, Bella Vista NSW 2153
General information and research disclaimer
This suburb report is for general information and educational purposes. It does not take into account individual objectives, financial situation, borrowing capacity, tax position or needs and is not personal financial, investment, credit, tax or legal advice.
Research pages use data from sources listed in the report including Hotspotting Research Hub, PropTrack, Australian Bureau of Statistics and Hubexo. Figures can change after the report date.
Indicative property prices, package prices and rent figures are not quotes, valuations, forecasts or guarantees. Property values can rise or fall and past performance is not a reliable indicator of future results.
High Income Property receives commissions from developers and builders on house and land packages it introduces and charges a buyers agency fee for established property services, disclosed in writing before engagement.
© 2026 High Income Property Pty Ltd. Prepared 28 September 2026.