242 George Street, Rockhampton City, QLD 4700 sold on 24 January 2025 | OnTheHouse
SOLD
Sold on 24 Jan 2025 for $725,500

242 George Street
Rockhampton City QLD 4700

Bedrooms: 9
Bathrooms: 4
Car spaces: 1
Floor area: 328m2
Land area: 1012m2
Sold By
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Elite Real Estate Rockhampton
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Property Details for 242 George St, Rockhampton City

242 George St, Rockhampton City is a 9 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 1012m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 9 bedroom Unit sold in Rockhampton City in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
328m2
Land Size
1012m2
Local Government
Rockhampton Regional
Lot/Plan
2/RP606056

Last Listing description (March 2025)

Attention savvy investors! This one-of-a-kind property is a rare find and offers an impressive 9.3% return on investment Situated on a generous 1012m2 block with rear access, this highset duplex house contains 4 self-contained units, making it standout choice for those seeking both immediate returns and future development potential. The property features:
*4 self-contained units: A mix of 2 bedroom and 3 bedroom layouts
*All 4 units come basically furnished

*Stylish updates balanced with the original charm and character of the home
*Air-conditioning generously fitted in all 4 units
*Spacious interiors designed for practical living
*Ample outdoor space with scope for improvements or extensions
*2 units upstairs and 2 units downstairs
*Off-Street parking
*Property is fully fenced
*Building and Pest inspection has been completed and is available for perusal
*All 4 units are tenanted and returning a combined $1290 per week
Located in a convenient location, this property offers an unbeatable combination of current rental income and growth potential. Whether you are an experienced investor, or just starting your portfolio, this property provides the perfect blend of legacy, functionality and financial reward.

Don't miss this unique opportunity! For more information or to arrange a private viewing, contact us today!

Property History for 242 George St, Rockhampton City, QLD 4700

A timeline of how this property has performed in the market
Last Sold
$725,500
24 Jan 2025
  • 24 Jan 2025
    Sold for $725,500
  • 07 Jan 2025
    Listed for Sale Offers above $720,000
  • 25 Mar 2021
    Sold for $355,000
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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 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 2,288 properties. Over the last 5 years, Houses in Rockhampton City have seen a 148.27% increase in median value, while Units have seen a 88.80% increase. As at 31 October 2025:

  • The median value for Houses in Rockhampton City is $360,177 while the median value for Units is $585,629.
  • Houses have a median rent of $480 while Units have a median rent of $510.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Rockhampton city on OnTheHouse. According to Cotality's data, 137 properties were sold in the past 12 months in Rockhampton city.

Suburb Insights for Rockhampton City 4700

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.