Moreton Bay – Redcliffe Peninsula – Suburb Report: Rothwell, QLD
November 20, 2024 | Investment
Date Prepared: 20th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Rothwell, located in the Moreton Bay region, is a thriving suburb offering a mix of residential properties, excellent transport links, and family-friendly amenities. Its strategic location and balanced lifestyle options make Rothwell a popular choice for families, professionals, and investors alike.
Demographics
- Population: Approximately 7,800 (2021 Census, ABS).
- Median Age: 37 years, reflecting a young, family-oriented community.
- Dwelling Type: Predominantly standalone houses, with growing townhouse and unit developments.
- Ownership: High ownership rates, indicative of long-term residential stability.
Property Market (2024)
Houses
- Median Sale Price: $764,750 (+15.2% annual growth).
- Median Weekly Rent: $600.
- Rental Yield: 4.1%.
- Sales Volume: 118 recorded house sales in the past 12 months.
Units
- Median Sale Price: $565,000 (+16.3% annual growth).
- Median Weekly Rent: $480.
- Rental Yield: 4.4%.
Long-Term Trends (2006–2024)
Rothwell has experienced consistent growth, with the median house price rising from $325,000 in 2006 to $764,750 in 2024. This represents an average annual growth rate of approximately 6.8% over the past 18 years.
Recent Notable Sales
- 18 Tuckeroo Street: Sold for $995,000 (Nov 2024).
- 3 Orion Court: Sold for $1,200,000 (Nov 2024).
- 18 Woodland Street: Sold for $850,000 (Oct 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Rothwell offers access to several quality educational institutions:
- Primary Schools:
- Mueller College.
- Secondary Schools:
- Grace Lutheran College.
- Nearby Private Schools:
- St. Benedict’s College (in Mango Hill).
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Rothwell Shopping Centre: Features essential services, specialty stores, and dining options.
- Nearby Options: North Lakes Shopping Centre offers a larger variety of retail and entertainment options.
Parks and Recreation
- Rothwell Park: A local favorite for sports and recreation.
- Moreton Bay Foreshore: Accessible within a short drive for waterfront activities.
- Tuckeroo Park: Provides playgrounds, picnic spots, and walking trails.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Rothwell is connected via Anzac Avenue and Deception Bay Road, with easy access to the Bruce Highway.
- Public Transport:
- Rothwell Station provides train services to Brisbane, along with regular bus connections to nearby suburbs.
- Walkability:
- Moderate; most amenities require a short drive or public transport access.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Expansion: Ongoing development of modern homes and townhouses to cater to population growth.
- Community Investments: Upgrades to local parks, recreational facilities, and public transport infrastructure.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, retail, education, and construction industries.
- Community Activities:
- Local sports leagues, cultural festivals, and markets foster community engagement.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
Metric | Value |
---|---|
Population | ~7,800 (2021 Census). |
Median House Price (2024) | $764,750. |
Median Rent (Houses) | $600/week. |
Rental Yield (Houses) | 4.1%. |
Median Unit Price (2024) | $565,000. |
Median Rent (Units) | $480/week. |
Rental Yield (Units) | 4.4%. |
Notable Parks | Rothwell Park, Moreton Bay Foreshore, Tuckeroo Park. |
Transport Access | Anzac Avenue, Rothwell Station, bus services. |
Conclusion
Rothwell’s strong property market growth, excellent amenities, and family-friendly environment make it a standout choice for both investors and residents. Its strategic location, community appeal, and proximity to Moreton Bay ensure its long-term potential as a thriving suburb in the Moreton Bay region.
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