103/48 Victoria ParadeRockhampton City QLD 4700
Property Details for 103/48 Victoria Pde, Rockhampton City
103/48 Victoria Pde, Rockhampton City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 80m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (January 2020)
Quest Rockhampton is situated on the banks of the Fitzroy River along Victoria Parade in the Rockhampton CBD, within walking distance to art galleries and Pilbeam Theatre, dining, shopping, entertainment and sporting precincts such as the Rockhampton Showgrounds.
Return: 7.49% Gross- 6.45% Net
Rent Increases as follows:
Oct 2020+ 4%= $28, 438 pa- 7.79 % gross
Oct 2021+ 4%= $29, 575 pa- 8.10 % gross
Oct 2022+ 4%= $30, 758 pa- 8.42 % gross
Next Market Review: September 2023 (every 5 years)
Lease Terms: Lease to September 2023 plus 4 x 5 year options
Rent Increases: 4% annually (except market review years)
2 bedroom, 2 bathroom apartment, with outdoor balcony and carpark on title.
Spacious twin key apartment with a total floor area of 80.63m2 consisting of two bedrooms, main kitchen and kitchenette, living area and outdoor balcony. With the convenience and versatility of dual key operation allowing the apartment to be split into a self contained one bedroom + studio if required
**** PLEASE NOTE SOME IMAGES MAY BE GENERIC AND NOT OF EXACT LOT****
Approximate Owner Outgoings:
Council Rates: $2323 per annum. (approx)
Water Rates: Included in council rates
Agreed Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $1472 per annum.
Rockhamptons central location along major north, south & west freight infrastructure routes, together with major mining and large customer and labour work force all drive growth to the Region.
Quest Rockhampton is situated 3.8km from Rockhampton Airport.
Property History for 103/48 Victoria Pde, Rockhampton City, QLD 4700
- 05 Aug 2021Sold for $400,000
- 03 Sep 2019Listed for Sale $365,000
- 08 Feb 2019Sold for $355,000
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About Rockhampton City 4700
The size of Rockhampton City is approximately 2.5 square kilometres. There are 8 parks, covering nearly 5.6% of the total area. The population of Rockhampton City in 2016 was 1953 people. By 2021 the population was 2059 showing a population growth of 5.4% in the area during that time. The predominant age group in Rockhampton City is 20-29 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 2021, 42.20% of the homes in Rockhampton City were owner-occupied compared with 41.10% in 2016.
Rockhampton City has 2,253 properties. Over the last 5 years, Houses in Rockhampton City have seen a 141.01% increase in median value, while Units have seen a 39.74% increase. As at 31 July 2026:
- The median value for Houses in Rockhampton City is $412,477 while the median value for Units is $646,802.
- Houses have a median rent of $490 while Units have a median rent of $450.
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