White Rock is a small but emerging suburb in the South East Queensland property market. A mix of savvy local and interstate investors, as well as owner-occupiers, are currently buying into White Rock due to its strategic location. It is also popular with renters.
Location
At about 40 kilometres from the Brisbane CBD, White Rock is far enough to be away from the hustle and bustle, but close enough to be convenient. Its tranquil setting still has a natural, semi-rural feel, making it a great choice for families, empty nesters and first home buyers looking for a great place to call home.
White Rock borders South Ripley and the Greater Springfield suburb of Spring Mountain. It is part of the rapidly growing Western Growth Corridor between Brisbane and Ipswich. This region has been formally identified for fast-tracking by the Queensland government to accommodate Brisbane’s rapidly expanding and sprawling population.
The Western Growth Corridor’s population is forecast to double by 2030, and there are billions of dollars’ worth of infrastructure projects either under way or planned during that time. White Rock is well poised to capitalise on these developments.
White Rock infrastructure and amenities
White Rock has a diverse range of infrastructure and amenities, including:
- Easy access to the Centenary Motorway (M5) or Ipswich Motorway (M7) for a commute to the Brisbane CBD.
- Over 34 hectares of family-friendly parkland with walking, hiking and mountain-biking trails, including the White Rock-Spring Mountain Conservation Estate where you can find a diverse range of wildlife and vegetation.
- White Rock State School, a co-educational primary school (prep to Year 6). Secondary schools (Years 7 to 12) in neighbouring and nearby suburbs include the co-educational Ripley Valley State Secondary College in South Ripley, Springfield Anglican College and St Augustine’s College in Augustine Heights.
- A planned retail and commercial White Rock Village, with current easy access to major shopping facilities in nearby suburbs (Ripley Town Centre and Orion Springfield Central).
- Planned multi-purpose sporting fields for community use.
White Rock demographics
The population of White Rock was just over 5,000 at the last official count in the 2021 Census, though it has been growing with new housing developments ever since.
The median age of your typical White Rock resident is 37, and the suburb has a diverse mix of families, partners and singles. The vast majority of White Rock properties are new or near-new houses.
Many first home buyers see White Rock as a stepping-stone area. It is also popular with rentvestors (first home buyers who invest in an affordable area and live elsewhere), as well as both local and interstate investors looking for strong rental yields.
Like most suburbs in the booming South East Queensland property market in recent years, White Rock properties have experienced strong price growth and that trend looks set to continue for the foreseeable future, especially with White Rock house prices being well below the current Brisbane median house price.
White Rock property trends
Significantly, White Rock is still a very affordable property market, unlike many South East Queensland suburbs. That makes it attractive and accessible for first home buyers, other owner-occupiers looking to move or downsize, and both local and interstate investors (including rentvestors).
The average rental yield for White Rock investment properties is currently 5.8%. However, many of our savvy Purple Cow landlord clients in White Rock are achieving both above-average rental yields and above-average capital growth.
How Purple Cow helps White Rock real estate clients
If you are looking to sell or buy a White Rock home, or you would like your White Rock investment property professionally managed, then our experienced team at Purple Cow can help you.
Contact us today to find out more.
