Economic Report Summary

The Capricorn Coast and Rockhampton area comprises nineteen statistical area level 2s (SA2s) and covers a total area of 18,356 sq km, which accounts for 1.1% of the state. It includes the local government areas of Livingstone Shire Council and Rockhampton Regional Council and the urban centres of Emu Park, Gracemere, Mount Morgan, Rockhampton and Yeppoon.

A summary of the latest economic profile (July 2017) follows. The full report can be accessed here.

The following statistics are based on the Australian Bureau of Statistics, Australian Statistical Geography Standard 2011.

A Productive Region

  • Capricorn Coast and Rockhampton Region Gross Product was $6.5B (2015/16)
  • In 2010-11 mining was the prominent industry in the wider Fitzroy region, accounting for 34.0% of gross value added for the region.
  • The value of exports from Fitzroy Statistical Area Level 4 (SA4) ports was $8,716.2 million, or 19.9 per cent of Queensland’s exports in 2012-13.

Diverse Agricultural Sector – The Region is home to the Central Queensland Livestock Exchange, two of the largest abattoirs in the country which provide added value with the processing for market also undertaken within the Region and lush pastures and water availability resulting in livestock making up 68.5% of the Region’s total agricultural production.

Demography

  • The estimated resident population of the Capricorn Coast and Rockhampton area in 2016 was 120,764 persons.
  • Between 2011 and 2016, the population increased by an average of 1.5% per annum.
  • In 2015, the Capricorn Coast and Rockhampton area had a greater proportion of persons aged 0-19 years, 50 to 64 years and 75 years and over than Queensland.
  • Between 2010 and 2015, the greatest increase in population in the Capricorn Coast and Rockhampton area was persons aged 30 to 34 years.
  • Population projections indicate that the population of the Capricorn Coast and Rockhampton area in 2036 is expected to increase to 161,142 persons.
  • It is predicted the region will grow on average by 1,952 persons per year between 2011 and 2036.

back to top

Employment

  • The total estimated labour force in the Capricorn Coast and Rockhampton area for the March quarter 2017 was 61,074 persons.
  • The unemployment rate in the Capricorn Coast and Rockhampton area in the March quarter 2017 was 7.6%.
  • The average total personal income in the Capricorn Coast and Rockhampton area for the 2014/15 financial year was $60,390.
  • At the time of the 2011 Census, health care and social assistance was the largest industry of employment in the Capricorn Coast and Rockhampton area, accounting for 12.8% of the region’s employed workforce.
  • The mining industry experienced the highest percentage growth of employed persons by industry between 2006 and 2011.
  • At the time of the 2011 Census, the largest occupational group of residents in the Capricorn Coast and Rockhampton area was technicians and trades workers.

back to top

Business and Industry

  • Mining was the prominent industry in the Fitzroy SA4, at 34.0% of nominal gross value added (GVA) in 2010-11, up 7.6 percentage points from 2000-01.
  • In 2015-16, there were 7,850 businesses registered in the Capricorn Coast and Rockhampton area. The industry with the most businesses was construction (19.6%).
  • Of the 7,850 businesses registered that reported turnover in the Capricorn Coast and Rockhampton area, 25.8% reported a turnover of between $0 and less than $50,000.
  • The total gross value of agricultural production for the Capricorn Coast and Rockhampton area in 2011 was $132.9 million.
  • Livestock slaughtering made up 68.5% of the Capricorn Coast and Rockhampton area’s total value of agricultural production in 2011.
  • The value of overseas commodity exports originating in Queensland and exported from Fitzroy regional ports in 2012-13 was $8,716.2 million.
  • In dollar value terms in 2012-13, coal, coke and briquettes was the main type of Queensland-produced commodity exports from the Fitzroy SA4 ports.
  • In 2012-13, Japan was the major country of destination for Queensland commodity exports from ports within the Fitzroy SA4.
  • back to top

Building Activity

  • There were 443 residential dwelling approvals in the Capricorn Coast and Rockhampton area in the year ending 31 December 2016.
  • Residential dwelling approvals in the area were valued at $142.1 million.
  • The value of residential building approvals in the Capricorn Coast and Rockhampton area during the December quarter 2016 was less than the September quarter 2016.
  • The value of non-residential buildings approved in the Capricorn Coast and Rockhampton area in the year ending 31 December 2016 was $18.7 million.
  • In the Capricorn Coast and Rockhampton area, 213 lots were approved in the year ending 31 December 2016.

 

back to top

Education

  • Home to Queensland’s first dual sector university and TAFE.
  • During the December quarter 2016, there were 1,503 apprentices and trainees in the Capricorn Coast and Rockhampton area.
  • In the Capricorn Coast and Rockhampton area at the time of the 2011 Census, 49.9% of persons aged 15 years and over held a non-school educational qualification.
  • At the time of the 2011 Census, the most common field of qualification was engineering and related technologies.
  • In 2017, the Capricorn Coast and Rockhampton area had 42 primary schools, 9 secondary schools and 4 schools that combined both primary and secondary schooling.
  • In 2015, of the 20,756 primary and secondary school students in the Capricorn Coast and Rockhampton area, 56.0% attended government schools and 44.0% attended non-government schools.

back to top

Transport

  • In 2015, of the five major roads providing access to Rockhampton, the Yeppoon Road at Iron Pot Creek (just west of the Cawarral turnoff) had the high average daily traffic movements (11,077 vehicles).
  • The Bruce Highway north of Scrubby Creek (just south of the Yeppen roundabout, south of Rockhampton) had the highest average daily number of heavy vehicles in 2015 (1,812 vehicles).
  • The Yeppoon Road at Iron Pot Creek had the highest number of light vehicles (10,013) and the highest percentage of light vehicle traffic (90.4%).
  • During 2015-16, a total of 592,838 passengers passed through Rockhampton Airport.
  • Passenger movement through Rockhampton Airport decreased 6.6% between 2014-2015 and 2015-2016.

back to top

Affordability

  • Indexed retail prices in Queensland in 2015 show centres surveyed in the Fitzroy SA4 had prices both higher and lower than Brisbane for different household goods and services.
  • The median house price for the Capricorn Coast and Rockhampton Region in the 12 months to the end of December 2016 was $311,000.
  • The median unit and townhouse price for the Capricorn Coast and Rockhampton Region in the 12 months to the end of December 2016 was $280,000.
  • The median vacant urban land price for the Capricorn Coast and Rockhampton Region for the 12 months ending December 2016 was $165,000.
  • During the June quarter 2017, the Capricorn Coast and Rockhampton area recorded a median weekly rental price for two-bedroom flats/units of $220 per week and $280 for three-bedroom houses.

back to top