118 McMillan Avenue, Parkhurst, Qld 4702
Offers to Purchase
3 2 5
Open Saturday 14 November 11:30 amOriginally a rural and pastoral area on the northern fringes of Rockhampton, Parkhurst evolved into an industrial hub in the mid-20th century. The late 20th and early 21st centuries saw a shift toward residential subdivision as the city expanded northward.
Today, Parkhurst is a dual-purpose suburb featuring high-quality modern housing estates like Edenbrook alongside the region's primary industrial precinct and the Rockhampton Heritage Village.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Parkhurst represents the 'new face' of Rockhampton. It attracts those who want modern amenities and building standards without the maintenance of the city's historic Queenslanders, making it a primary target for relocation buyers.
$550k – $900k
$350k – $450k
12-month movement
Current asking rents
Prices have seen a steady climb as Parkhurst transitions from a fringe location to a preferred residential destination, outperforming the broader Rockhampton average.
Price comparison
Median price ÷ median income
Estimated rental yield
Parkhurst remains highly affordable for dual-income families compared to South East Queensland, though it is one of Rockhampton's premium-priced suburbs.
Lower = tighter market
Avg time on market
Annual rental increase
Professional families, mining contractors, and university staff.
Extremely positive. Low vacancy rates and a preference for modern homes ensure consistent cash flow and high-quality tenant applications.
Expect continued outperformance of the regional average as Parkhurst solidifies its status as the premier northern residential hub.
vs last 12 months
Relative comparison
Check local street lighting and proximity to the Bruce Highway, which can attract opportunistic property crime in transit.
The primary risks are environmental (overland flow) and amenity-based (industrial interface).
Low risk of riverine flooding but moderate risk of overland flow during tropical downpours in specific catchments.
Low to Moderate risk on the northern and eastern fringes where residential lots meet bushland.
Generally standard premiums, but properties in identified overland flow paths may see higher flood levies.
Flood Hazard (Overland Flow), Airport Environs, Industrial Buffer.
Northern residential expansion zones near Boundary Road.
Zoning ensures a buffer between industrial and residential, but buyers must verify specific lot overlays to avoid future building restrictions.
Car-centric; highway access is excellent, but public bus frequency is low.
Parkhurst Town Centre provides essential retail; Heritage Village offers unique recreation.
High quality; modern estates feature well-maintained playgrounds and walking tracks.
Good primary school access; secondary students typically commute 10-15 minutes.
Local GPs available; 15-minute drive to Rockhampton Base Hospital.
A young, aspirational demographic with higher-than-average household incomes for the region.
The young median age and high owner-occupancy rate suggest long-term community stability and pride in property maintenance.
Dominated by the Rockhampton Ring Road and ongoing residential subdivision.
Residents value the 'fresh' feel of the suburb and the convenience of the local shopping centre, though some express concerns about the industrial interface.
I work in the industrial estate and live in Edenbrook. I can be home in 4 minutes, which is unbeatable for family time.
The parks here are the best in Rocky. It feels safe to walk the pram around the new estates at dusk.
Never had a day of vacancy in three years. Tenants love the modern kitchens and air-con.
The highway noise can be a bit much at night if you are on the western side of the suburb.
It was the only place we could find a brand new home under $600k that wasn't an hour away from everything.
It's getting very busy. I miss the quiet rural feel it used to have before all the new estates went in.
Position the property as a 'turn-key' lifestyle upgrade. Emphasize the modern build quality and the 'set and forget' nature of the home compared to older city alternatives.
High-yield, low-maintenance play targeting the professional and mining contractor market.
Over-supply of similar 4-bedroom homes if too many new stages are released simultaneously.
Modern living, close to work, great community parks.
Limited public transport; you will need a car for almost everything.
Ensure all smoke alarm compliance is up to date as per QLD 2022 legislation.
The 'Northern Gateway' lifestyle—modern, convenient, and family-focused.
Young professional families and FIFO workers looking for a secure, modern base.
This report is based on projected data and trends as of March 31, 2026. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent investigations and consult with qualified professionals before making any property purchase.
Offers to Purchase
3 2 5
Open Saturday 14 November 11:30 am
Spacious Family Living with Shed & Expansive Backyard!
Schools in this suburb, and the government school zones that cover the middle of it. A zone often covers only part of a suburb, so check an address on the property page.
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