Rockhampton was dubbed the City of the Three S’s during the Gold Rush of the mid-1800s.

And while the Capricorn Coast capital, about 650km north of Brisbane, has come a long way since those days of sin, sweat and sorrow, developers have been cautious about entering a market historically tied to the boom-and-bust cycle of mining.

Altus Property Group is the latest to throw its hat in the ring, having launched Sienna 69-lot community at Gracemere, 9km west of Rockhampton which is nearly sold out and now under construction.