Located in Queensland within the Rockhampton local government area, Lakes Creek is a small locality (postcode 4701). The area has roughly 633 residents and a settled mid-life population, with a median age of 40. Households earn a median income of $105K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. QLD employment has moved +1.5% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. QLD also had 35 Commonwealth-backed major projects under construction, 16 underway, and 30 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, labourers, clerical & administrative. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are Australian, English, Scottish.
Median house prices in Lakes Creek stand at $380,000, having surged by 22.6% over the last twelve months. Units have a median price of $175,000 (+28.2% YoY). The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Lakes Creek is served by 1 school, including 1 primary. The average ICSEA score is 888, which is well below the national average of 1,000. The crime rate in the Rockhampton LGA is higher than average at 11,569 incidents per 100,000 population.
From an investment perspective, Lakes Creek shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices sit below the state median ($380K/$1.1M), which can point to relative value. The price-to-income ratio of 3.6x is considered affordable. House prices have moved +22.6% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.