Question 1

Is Avalon Beach a nice place to live?

Accepted Answer

Avalon Beach is a seaside village centred on a broad surf beach and a compact village strip of cafes, boutiques and services. The shoreline and headland shape daily life with surfing, rock platforms and coastal walking, while streets behind the esplanade drop into pockets of native bushland. Housing ranges from original timber beach cottages to contemporary architect-designed homes. Practical amenities include a surf life saving club, local shops, weekend markets, bus and road links and the Avalon Recreation Centre with the library, an early childhood centre and a council customer service point.

The community of 10,379 has a median age of 46 and a median weekly household income of $2,481. Families are dominant, with couple families (with and without children) making up 87.8% of families, and most homes are owner-occupied (84.0%). The council’s My Place plan is active, with a permanent shared-streets scheme and further formal upgrades planned, park upgrades and accessibility works underway, and other local projects in progress. With its beach, village amenities and outdoor focus, Avalon Beach tends to suit families, professionals and people who prefer a laid-back, outdoor lifestyle; whether it’s right for you depends on what you value in a suburb.

Question 2

Is it expensive to live in Avalon Beach?

Accepted Answer

Buying looks especially stretched in Avalon Beach on these figures. A typical local household earned $2,481 a week at the last Census, or $129,012 a year. The median house price of $2,925,000 is about 22.7 times a typical local annual household income at the last Census, while the median unit price of $1,325,000 is about 10.3 times that income.

Rents also take a large slice of local incomes for houses and a sizeable share for units: a house rent of $1,495 a week is roughly 60.2% of a typical local household's weekly income at the last Census, and a unit rent of $750 a week is about 30.2%. Whether those figures feel expensive depends on your own income and circumstances.

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 Avalon Beach a good place to invest?

Accepted Answer

House rents in Avalon Beach jumped 15.0% over the past year, a strong rise, while house values only edged up 0.3% over the same period. That means the rent a house earns has been the stronger performer this year compared with its price movement.

Unit values rose 3.9% over the year, a modest increase, so the capital-growth picture is different between the two property types. If rental income is your priority, the house rent figure is the one that matters; if capital growth is your focus, the 3.9% lift for units and the 0.3% lift for houses are the relevant numbers for Avalon Beach. Whether that suits your plans depends on your own goals and circumstances.

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	$2.92M	$1.32M
Change in value Past 12 months	0.3%	3.9%
Sold Past 3 months	28	13
Median days on market Past 12 months	92	84
Average rent Past 12 months	$1495	$750
Change in rent Past 12 months	15.0%	N/A

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