Question 1

Is Arcadia a nice place to live?

Accepted Answer

Arcadia on Magnetic Island sits among eucalypt-clad hills and granite headlands, with timber cottages and many properties enjoying coastal outlooks.

It is an older community with couples without children at home (70.3% of families) and incomes below the Queensland median. Everyday services are concentrated in a small village centre with a café, a few shops and local services, and the island is accessible by ferry from Townsville. Walking tracks, rocky headlands and nearby sandy bays lend themselves to swimming and bushwalking, and native wildlife is commonly seen in the treed reserves around the suburb. Townsville City Council lists the design and construction of an upgraded water pump station supplying Magnetic Island reservoirs as a planned island-wide infrastructure project.

Question 2

Is it expensive to live in Arcadia?

Accepted Answer

At the most recent Census a typical household in Arcadia had a weekly income of $1,008, and that figure may not reflect current earnings. There haven't been enough recent sales or rentals in Arcadia to publish reliable house or unit prices and rents, so it isn't possible to say how expensive it is to live here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Arcadia a good place to invest?

Accepted Answer

Arcadia hasn't had enough recent sales to put reliable figures on how house or unit prices and rents have moved. Without that information, there isn't a clear picture of how the suburb has performed as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	1
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	QLD
Median age years	63	38
Median household income weekly	$1,008	$1,675
Couples with children share of families	15.6%	41.2%
Couples without children share of families	70.3%	40.3%
One-parent families share of families	14.1%	16.8%
Homes owned outright share of homes	49.6%	30.1%
Homes with a mortgage share of homes	15.4%	35.6%
Homes rented share of homes	35.0%	34.3%

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