Get a property report and suburb profile for any property in Avoca

Avoca is a small coastal suburb with a relaxed beachside feel. Low-rise homes and holiday houses line quiet streets near sandy foreshore, fishing spots and coastal walks. Local provision is modest, with basic shops and holiday accommodation close by, while larger shops and services in Bargara and Bundaberg are easily accessed. Avoca State School is the local primary school.

The community of 4,912 has a median age of 48 and around 75.3% of homes are owner-occupied, reflecting a largely settled population of couples and retirees alongside families and holiday residents. A two-stage modular social housing development is under way nearby: stage 1's six family homes are occupied and stage 2 will add 40 mixed two- and three-storey homes with communal open space; tenancies are managed by the Bundaberg Housing Service Centre and the development is sited close to shops, public transport and Bundaberg Hospital. Whether Avoca suits you depends on whether you want an uncomplicated seaside lifestyle with modest local services and easy access to larger centres.

Renting a house in Avoca at $630 a week would take about 53.9% of a typical local household's weekly income as recorded at the last Census, which is a large share of income. Buying is further from local earnings: the median house price of $750,000 is about 12.3 times a typical local annual household income at the last Census, which sits well above local incomes. On these figures, renting would take a substantial portion of what a typical local household earned at the last Census, while buying looks more stretched against those same 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.

House values in Avoca climbed 13.4% over the past 12 months, a strong rise in what houses are worth. Over the same year, house rents increased 6.8%, a solid gain in the income those homes can earn.

On the house side, then, capital growth outpaced rental growth over the last year. Which of those outcomes matters most will depend on your investment goals and personal 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.