Rockhampton's flood prone Depot Hill is attracting homebuyers with affordable prices deemed worth
- Oct 14, 2022
- 1 min read
Rockhampton's flood prone Depot Hill is attracting homebuyers with affordable prices deemed worth the risk
A double-storey home on a large block, with beautiful river views, that's walking distance to the CBD – all for under $300,000.
It might seem too good to be true in today's real estate climate.
But it's a reality for Tania Wissemann, who bought her Rockhampton home earlier this year for just $289,000.
"When I walked in it felt like home and I just had this beautiful view to wake up to."
That affordability came with a catch.
The home Ms Wissemann bought is in Depot Hill, a suburb notorious for flooding.
After a summer of floods and the declaration of another La Niña, the idea of buying a house in a flood zone may seem absurd.
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